Sell Lupin; buy HUL, Asian Paints, Godrej Ind: Murlidharan

Manoj Murlidharan of Religare Securities told CNBC-TV18, "We are seeing the money come out of pharmaceuticals and get into fast moving consumer goods (FMCG) as a sector. So Lupin is a sell with a stop loss of Rs 2,180 and we are expecting the stock to come down to Rs 1,970."

"From the FMCG, we are buying Hindustan Unilever Ltd (HUL), Asian Paints and Godrej Industries. Asian Paints would be a buy at Rs 850 with a stop loss of Rs 820 and we are expecting Rs 912 on that," he said.

"HUL is a buy as well at Rs 917 with a stop loss of Rs 897 and we are expecting a target Rs 963 on that."

"Godrej Industries is a buy as well at Rs 369 with a stop loss of Rs 340 and we are expecting Rs 402 on that," he added.