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.
KFin Technologies among top 5 smallcap stocks that saw highest mutual fund buying in July
Mutual funds stepped up buying in five small-cap stocks during July, led by IDBI Bank, Pine Labs and Force Motors. Godawari Power and KFin Technologies