Marico around 130-135 is a buy: Ashwani Gujral

Broadly the FMCG group is a buy as long as people do not start getting back the risk trade. So Colgate also on declines can be bought.

| Updated: Jun 16, 2011, 10.31 AM IST

In a chat with ET Now, Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, talks about Marico and Colgate.

ET Now: What is the call on Marico and Colgate?

Ashwani Gujral: Broadly the FMCG group is a buy as long as people do not start getting back the risk trade. So Colgate also on declines can be bought. Marico around 130-135 is a buy, you will get levels of 165-170. So when those rallies come in these, FMCG stocks are the ones which will rally from here.

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