IT and pharma out of picture at present; FMCG turning out to be the only defensive play: Rohit Srivastava

Rohit Srivastava of Strike Money Analytics suggests the market will likely hold above 24,600. A gradual upward trend is anticipated as clarity emerges. The impact centers on US-exposed stocks. Domestic-focused sectors, like FMCG and steel, will drive gains. F…