FMCG likely to outperform markets: Technical Trends

On the first trades, are there any shorts that you would initiate?

Sudarshan Sukhani: The market has opened cheerful and the buying that we are looking at in Orchid, Polaris and maybe even in ICICI Bank which is already up but we suggest much better potential today.

What is your view on FMCG stocks?

Sudarshan Sukhani: Yesterday everything participated, even infra and construction participated. FMCG are unlikely to outperform the broad market from now on. From now to wherever we reach at the highs, it will be the bigger ones, IT, pharma and banks which would be the leaders.