Bullish on HUL, Britannia Industries top pick: Jai Bala

Jai Bala of Cashthechaos.com told CNBC-TV18, "Within the FMCG sector, Hindustan Unilever (HUL) in my ranking is third. HUL is going to be doing quite well in the short-term to medium-term, probably it is going to cross Rs 1,000 in the medium-term. We are quite bullish on it. We have been bullish on it for a couple of months now.""The top pick within the consumer sector is Britannia Industries. The stock is set to cross Rs 4,000 in the medium-term. If the stock were to come down close to Rs 2,500, it will be a fantastic opportunity. The fast moving consumer goods (FMCG) sector as such is looking quite promising and we think Britannia, Godrej Consumer Products and HUL are the stocks to watch out for within this space," he said.