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June 13, 2018 04:15 PM | Stocks

Positive outlook remains on the consumption theme, says SP Tulsian

The positive outlook remained on the consumption theme, said SP Tulsian.

Talking about consumption theme, SP Tulsian said, “All these consumption stocks like Britannia, Hindustan Unilever or may be Nestle are moving up and we have discussed in the morning also about the Page Industries or may be 3M or may be Gillette India, they all seem to be FMCG or consumer stocks are seeing quite richly valued."

Things are continuing because the retail investors are not too much invested in this while all the funds have holdings in these and that is a very positive and defensive move on part of the funds also, he said

He has negative view on Bharti Airtel and Idea Cellular.
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