Bullish on Nestle India, defensive sector: Avani Mehta

ET Now spoke to Avani Mehta, Fundamental Analyst, MAIA Financial Services Pvt. Ltd. on stock picks.

Your stock recommendation for our viewers?

Currently markets are looking bit stretched. So we would be betting on defensive sector as well as consumer spending sectors such as FMCG and we are quite bullish on Nestle India. If you look at the stock, we have a first price target of 3300 on Nestle India.