Midcap cement stocks are looking weak: Ashwani Gujral

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com in an interview with ET Now talks about cement stocks.

Is anything looking interesting in the midcap cement space?

Midcaps tend to move once the large caps of a parituclar sector have moved higher and I am looking at Kesoram. A Rs 400 stock is today at 169. So I do not think there is much on the long side here. In fact these stocks are looking weak. We need a good rally in the large caps to get into midcaps for the moment.