Positive on FMCG, like Emami: Anu Jain

Anu Jain of IIFL Private Wealth Management told CNBC-TV18, "We like Emami and have been holding in our portfolio the stock for quite some time. It has almost doubled from the place. There is a resistance at about the levels of Rs 1270. So, probably that would be an area which would meet with strong resistance and support exists at about Rs 1100. So, it is still in a range-bound kind of move."

"Looking forward Marico has done very well. I think that is looking like that could catch traction for Rs 500. Jyothy Laboratories is looking for about Rs 350-360. So, I would say that probably Emami, Jyothy Labs and Marico would do well. Obviously it is a result season, so which one reports a better number would have a lot of traction to the stock. However staying in FMCG seems to be working at the moment. I think except ITC and Nestle India everything seems to be still positive in that sector," she added.