| | |
Sanjay Sinha of Cirtrus Advisors says that he continues to be bearish on metal space.
Sanjay Sinha of Cirtrus Advisors told CNBC-TV18, "In terms of outlook for metal sector I continue to be bearish, but it is a play on currency also. If we continue to have a weak currency for long then one can play that through the exposure to the metal stocks in India."
"In my opinion the weak currency may not be something that will be here for many months to come, may be for the next couple of months probably. So therefore I would be very cautious about participating in metals as a sector," he said.
ADS BY GOOGLE
video of the day
Largecaps to lead Nifty breakout; bullish IT, bks: Ratnesh