Bullish on pharma, FMCG, banking, avoid real estate: Prashasta Seth

Prashasta Seth, Senior Fund Manager IIFL Wealth, India Infoline, in a chat with ET Now talks about a range of portfolios.

What would you avoid in this market?

You would avoid probably real estate. I do not like cement at these levels especially the large cap cements. I think what you would be bullish around is essentially pharma, you would be bullish on banking, you would be bullish on FMCGs. So I think those are the 3 broad sectors we will be bullish and probably we will start taking a look at the metals as where we have not been, we have been underweight metals for quite sometime but we are seriously looking to add some metals in our portfolio.