Jyotivardhan Jaipuria bearish on metal stocks

Jyotivardhan Jaipuria of Market Veteran told CNBC-TV18, "My view is playing China is quite dangerous. At least playing China investments is not worth it because very secularly they are going to slowdown their investment cycle. China has been whatever 40-50 percent of the whole global metal consumption. I think commodity prices are going to remain lower for longer.""I have been like for the last two years very bearish on metals and I just continue to be bearish though you know stocks may look attractive it is just that if you don’t get these commodity prices move up and the chances are they go down more, then you are not really going to make too much money in these stocks," he added.