FMCGs and defensives are safer to be in: Anil Rego, Right Horizons

In a chat with ET Now, Anil Rego, Founder & CEO, Right Horizons, shares his views on FMCG stocks.

ET Now: What about FMCG stocks we have seen Dabur, Hindustan Unilever and even Godrej post strong numbers, would you look at the FMCG pack more favourably now?

Anil Rego: In the current situation, I believe that FMCGs and defensives are the place to be in. It is a safer place to be, best seen by the results as well and it is also confirming that is where one should be hanging out. Most of the companies, right from ITC to Dabur to even Godrej Consumer, all of them have come out with reasonably good results. Definitely, I would think that this is one place where one can hold some reasonable positions as a sector.