Adding pharma and FMCG stocks make sense now? Rajat Sharma explains
“I am positive on both pharma and FMCG because these stocks are not impacted by interest rate hikes and if inflation gets under control, which is clearly the mandate and the will of RBI. I like companies which are consumption-oriented like ITC, Burger King and United Spirits because if inflation comes under control, then a lot of the products that they make will come within the reach for their end consumers.”
