Nov 02, 2013, 03.33 PM | Source: CNBC-TV18
Nirmal Jain, chairman of IIFL recommends keeping FMCG stocks including ITC in the portfolio.
Nirmal Jain (more)
Chairman, IIFL | Capital Expertise: Equity - Fundamental ,IPO
"I would say that do not discard FMCG from the portfolio yet. Of course pharma and IT would deserve more weight, but still FMCG should be part of core holding. I would keep ITC in my portfolio," he said.
Axis Direct is bullish on ITC has recommended buy
The Kolkata-based firm, better known for FMCG prod
Speaking to Moneycontrol, JN Gupta, Co-founder and