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The Ramco Cements Ltd., incorporated in the year 1957, is a Large Cap company (having a market cap of Rs 19020.36 Crore) operating in Cement sector.

According to Kristal.AI, the minimum ticket size of such deals is about $25,000.

“In the last one-and-a-half to two years, ICICI Bank and SBI have been outliers. In terms of momentum, there is room for outperformance in names like ICICI Bank and SBI. But pure long term investors should be looking out for an opportunity to buy HDFC Bank given the kind of correction that we have had in the last two or three months.”

Yes Bank, Happiest Minds, Mastek, Tata Teleservices and Vodafone Idea tanked a dozen per cent each, whereas Tata Elxsi, HDFC Bank, Persistent Systems, KPIT Technologies, Tata Power dropped 11 per cent each in the last five sessions.

Blue Star Ltd., incorporated in the year 1949, is a Mid Cap company (having a market cap of Rs 11212.38 Crore) operating in Consumer Durables sector.

The Relative Strength Index of the stock stood at 65.64 on Wednesday.

As of 31-Mar-2022, promoters held 59.47 per cent stake in the company, while FIIs held 24.44 per cent and domestic institutional investors had 3.63 per cent.

The bearish projection comes at a time when earnings of TCS and Infosys have disappointed the Street. Both companies performed below par, and thus their stocks have seen some heavy selling in the last few days.

“In the near to medium term, the market environment is going to remain shaky. So will these stocks run away in the near term if you do not buy them now? I do not think so. Is it something one should look at from a longer-term perspective for riding out the nearer term challenges? Yes. But we will buy HDFC, HDFC Bank given the massive fall that they have had.”

“We fundamentally believe that Web3 is going to help India and add value to the current financial system with decentralised finance. The NFT space has also picked up, there are fundamental utilities for a better future. Given the direction in which we are moving, I strongly believe that India will eventually open up to crypto and safeguard it with regulations.”