Pick ITC, advises Nitin Raheja

Nitin Raheja of AQF Advisors told CNBC-TV18, "I would choose ITC right now. Hindustan Unilever (HUL) has had a sizeable run, but purely because it is a business which is more prone to withstand commodity cycles and is truly a non-cyclical or a defensive if one wants."

On August 26, 2013 ITC closed at Rs 308.10, down Rs 0.15, or 0.05 percent. It has touched an intraday high of Rs 312.90 and an intraday low of Rs 305.50. ITC touched its 52-week high Rs 380 and 52-week low Rs 269 on 24 July, 2013 and 17 September, 2012, respectively.