According to Neeraj Deewan of Quantum Securities, one may avoid FMCG and metal space.
Neeraj Deewan of Quantum Securities told CNBC-TV18, "There is FMCG where I don't see too much of an upside potential. Outperformance can't happen from that sector because valuations are very rich there. Even metals if we see some clarity on what has happening with the demand supply there, till that clarity comes I will avoid metals also."
"FMCG and metals though there will be some stocks that will be looking attractive but for an outperformance point of view I will avoid these sectors for the time being," he added.
Tata Steel ended at Rs 399.35, up Rs 2.90, or 0.73 percent on the BSE.
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