Stay away from Dabur, HUL: SP Tulsian

SP Tulsian, sptulsian.com advice traders to stay away from Dabur and HUL.

Tulsian told CNBC-TV18, “I will be remaining away from all these FMCG stocks because the kind of expectations, which we have going ahead may not be very encouraging and then maybe you talk of Dabur, HUL, though we will be waiting for the results of HUL, but I will not be too enthused to take positions in these stocks.”
He further added, “Lupin results will really be interesting. I don’t think that market will really be pleased or cheered with Ashok Leyland and Canara Bank because again on public sector bank the kind of increase in NPA the market is really apprehending probably will keep the stock under depression for maybe tomorrow as well. Same thing is the case with Ashok Leyland also I don’t think that results will really be of any kind of attraction. So, Lupin will really be the interesting idea and maybe one or two other small- I think ING Vysya Bank is also coming with the results tomorrow, so that could also be interesting to watch for.”