Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "The FMCG index is outperforming and most FMCG stocks are cheerful. I don’t know if they are expensive but they are certainly good on the charts. Britannia Industries, Marico, Dabur India, Colgate Palmolive, all of them. So, Marico is just part of the whole sector which is doing rather well and promises to go higher." "Adani Ports had a very big bear market. From that bear market the rally has been very impressive and that rally continues. There is nothing to suggest that we have stopped or there is resistance. So, higher highs, higher lows are being made and then we should be buyers there," he said. "Cummins India again had a trading range for months all together. It broke out of that range and that range seems to be in position as support. Currently, it is going inside another narrow trading range. I would expect that the trend is up, so a break out on the upside is possible. It is much wiser to stay with midcaps and selected stocks rather than focus on largecaps. There is nothing going to be much in largecaps."
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