So, top pick would be from these sectors only. So, one long call on the FMCG space, that is Marico. Stock is showing breakout on the near-term chart and looking at the structure for Marico, we believe that here there would be continuity of uptrend, 695 where we are projecting target, keep a stop loss of around 650 to buy Marico.
Nifty Pharma, 4 others hit 52-week high since Iran war while Nifty fell 7%. Will the form continue?
Despite a challenging market backdrop fueled by geopolitical tensions and foreign fund outflows, five Indian sectors—Pharma, Energy, Defence, Capital Markets, and Metals—are showing remarkable strength.