Duggad is overweight on the sector given its underperformance in the last five years. He is betting on stocks like Mahindra &Mahindra, Tata Motors and Maruti Suzuki
Manisha Gupta of CNBC-TV18 gives us all the update from the commodity space.
In an interview to CNBC-TV18, Nick Parsons of National Australia Bank is doubtful that the debt crisis that the euro zone is dealing with is on the mend.
Justin Harper, the head of research at IG Markets, tells CNBC-TV18 that the second tracnhe of LTRO will benefit equities and foreign exchange markets the most after government bonds.
In an interview with CNBC-TV18, Johann Santer the COO of Superfund Financial India Pvt Ltd says the inter-dependence of global markets is what has led to the global crisis.
The commodity space has been witnessing a lot of volatility due the rising concerns over global growth and fears of euro zone's sovereign debt crisis. Crude oil futures fell sharply on Friday, settling at the lowest price in more than a year.
In an interview with CNBC-TV18, Jonathan Barratt, the managing director of Commodity Broking Services says he finds value in crude. With all the newsflow coming out of Europe, he sees some good value in crude.
Talking about the intense selling pressure that is almost paused the gold rush, Jonathan Barratt of Commodity Broking Services says, he see liquidation all across the commodity space. Ritesh Gandhi of Anand Rathi Commodities expects crude prices to slip lower to about USD 75 per barrel for the WTI.
US President Barack Obama announced a USD 447 billion jobs plan last night, aimed at giving a leg-up to the US economy. In the commodity space, gold continues to rise on safe haven buying. But, post the jobs speech, equity markets are expected to move up, which may soften gold's rally.
Global markets may be in for another volatile ride. In these uncertain times, are commodities the best bet? Here are some commodity trading strategies from experts to help you trade better in the commodity space.
How does the commodity space look today? what are the best bets? Experts opine on gold and copper
Ritesh Gandhi, Sr. Research Analyst, Commodity & Currency at Anand Rathi Commodities talks to CNBC-TV18 about the yellow metals in the commodity space.
Shreekant Jha of PJ Commodity Ventures tells CNBC-TV18 that investors should wait for a trend to emerge from the volatile commodity space to start trading.
Kaushal Jaini of Dani Commodities tells CNBC-TV18 that the time is now ripe to play long on Nickel. The base metal is likely to breach the 1003 level in today's trade, he says.
Hans Goetti, Chief Investment Officer – Asia from Finaport Group, in an interview with CNBC-TV18’s Elaan Dutta, said that he does not like the dollar or euro and would rather prefer the Swiss Franc or some of the commodity currencies or Asian currencies.
Hans Goetti, CIO Asia, Finaport, in an interview on CNBC-TV18 spoke about the commodity space and gave his take on how he sees the euro playing against the dollar amidst negative newsflow emanating from the eurozone.
With Indian heavyweights like Reliance reporting their earnings numbers, Jeff Chowdhry of F&C Investments says the market is increasingly looking at profitability and margins. "It's no longer just about order books or about increasing backlog," he says.
Most of the Asian currencies have been performing strongly. The Australian dollar is at its strongest best every since it started floating. So there has been a positive vibe across Asia and across commodity related stocks and currencies as well. Kaushal Jaini of Dani Commodities tells us where the rupee and commodities are headed.
Investment Guru, Marc Faber is expecting mature economies to outperform EMs going forward. In an interview to CNBC-TV18 he said that that food inflation is more worrying in emerging markets and money printing will not lead to sustainable economic growth.
In an interview to CNBC-TV18, Sandeep J Shah of Sampriti Capital said that the upside may be maybe 6,200-6,400 but it will not ride away at that level. He is also concerned on the foreign institutional investors (FII) inflow to India.