Hold Colgate Palmolive, says Prakash Gaba

Prakash Gaba of prakashgaba.com told CNBC-TV18, "So far Colgate Palmolive looks okay to me. No signs of weakness, trading at higher levels."

"I would continue to hold. Long term seems to be very good. If you get a dip maybe to around Rs 1,000 zones, add at those levels," he added.

At 15:28 hrs Colgate Palmolive (India) was quoting at Rs 1,122.85, up Rs 7.85, or 0.70 percent.