Normally we would look for something like FMCG but if you see long-term charts of Colgate, I mean they are scary. It seems to have finished a multi-year bull run, Lever going nowhere, Dabur looking heavy. Pharma as a sector you would look at the defensive. IT is a new defensive now, I guess. Pharma you have spots like Glenmark and Aurobindo Pharma which look better. Sun Pharma looks overbought. Cipla looks weak. So there is no consistency even in the sector.
Independence Day 2026: 4 stocks that have been part of Sensex since inception. Do you own any?
Four companies—Reliance Industries, Hindustan Unilever, ITC and Larsen & Toubro—have been part of the Sensex since inception, reflecting India’s evolving economy. Their journeys span decades
August 15, 2026