Pharma stocks look good: Sandeep J Shah, Sampriti Capital

Sandeep J Shah, CEO, Sampriti Capital, in an chat with ET Now, gives his views on various sector stocks


Where do you see an island of safety, what should investors and traders do at a time when market conditions are choppy?

Pharma stocks are looking good. FMCG is beginning to look a lot more interesting because commodity prices have corrected and given that food inflation is not rising this means that consumers at the bottom end of the pole their disposable incomes are not shrinking as rapidly as it was before. So from that perspective FMCG also looks interesting. You might want to accumulate consumer durables on dips. You might not want to chase then but I think even if you believe the IIP numbers it simply suggesting that you are still seeing double digit growth, so from that perspective if stocks were to correct in line with the market and that might be a time to actually add up there because the longer term Indian consumer story is just a strong.