Reliance Industries fundamentals strong, some FMCG stocks offer 15-20% upside: Deven Choksey

Deven Choksey, MD of DRChoksey Finserv expects Reliance Industries to benefit from strong refining margins and value unlocking in Jio Platforms. He also remains positive on exchange stocks and sees a recovery opportunity in beaten-down FMCG names such as HUL, Nestle India and ITC.