A large part of Investing to me, is about taking the contrarian bet.
The golden rule is Sell when people buy and Buy when people sell, it most likely that you will always win.
Ambani`s are known to be the most astute of businessmen. They sold Treasury stock of Reliance when the stock was making new highs. Now it is in its 800s.
In such uncertain times as most investors flock to so called safe bets like HUL and ITC, sending valuations soaring it would be wise to sell.
What is the ITC management doing? They are selling their personal stock…
So take a lesson from their books and book some profits from ur FMCG stocks.