Buy cement stocks, advises Neeraj Deewan

Neeraj Deewan of Quantum Securities told CNBC-TV18, "At least if you see the few sectors where incrementally new buying makes sense even now after the run up in the market, one is infrastructure and infrastructure linked sectors - so, cement definitely. Even on any dips or even now if one has a little longer term view about one year or one and half years, even at these prices or any dip cement is definitely a buy.""Besides the top two or three stocks, maybe a couple of stocks there like UltraTech Cement which is at a premium valuation, you will have the stock down in the ladder also where we can get something at a better valuation. So, cement is one sector where one needs to be positive on," he said.