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“If somebody has a slightly long-term view, steel stocks like JSPL, Tata Steel definitely look good for a one- two year hold at current level post correction. Among banks, we are extremely positive that SBI can move up over 20% from here if somebody is patient and willing to wait for one year.”

The timing might not be ideal for India though, especially for a rupee issuance.

All major tokens were trading sharply lower. Solana plunged about 13 per cent, whereas Avalanche posted a 10 per cent cut. Shiba Inu and Polkadot dropped 7 per cent each. Bitcoin and others were 6 per cent down.

ICICI Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 522999.28 Crore).

"The growth strategy of the company continues to be aggressive. Our categories have headroom for penetration. There are new opportunities whether it is in healthy ageing products, plant-based nutrition, healthy snacking and the toddler segment (for nutrition). All of these will be happening in the next couple of years.

Let’s get there as quickly as we can," she said on getting to neutral, which she estimates at 2.5%.

Stocks that were in focus include names like Bajaj Auto which fell nearly 4 per cent, Hindustan Aeronautics which hit a fresh 52-week high, and Happiest Minds Technologies which rallied more than 9 per cent on Wednesday.

RO Jewels will go ex-bonus today in 82:32 ratio i.e. 82 new bonus shares for every 32 shares held by existing shareholders. Mishtann Foods will also go ex-bonus today in 1:1 ratio.Kallam Textiles will go ex-rights today

Hindalco Industries Ltd., incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 92280.15 Crore) operating in Metals - Non Ferrous sector.

The Dow Jones Industrial Average fell 176.89 points, or 0.54%, to 32,813.23, the S&P 500 lost 30.92 points, or 0.75%, to 4,101.23 and the Nasdaq Composite dropped 86.93 points, or 0.72%, to 11,994.46.