ETMarkets Investors’ Guide: Has the super cycle in metal sector ended? | The Economic Times Podcast


Welcome to ETMarkets’ Investors Guide, a show about asset classes, market trends, and investment opportunities. This is Bhaskar Dutta.

After a rebound in the market, benchmark indices have inched closer to all time high levels again. During this rally, along with IT stocks, banking and metal names also stole limelight.

Banking stocks have seen buying following a tepid year. Meanwhile, metals gained traction despite Jefferies analysts saying the best days for the steel sector may have ended in 2021.

ETMarkets’ Shubham Raj caught up with Santosh Kumar Singh, Head of Research at Motilal Oswal Asset Management Company to understand why Jefferies may be wrong about the sector. Besides, he also talked about prospects of banking stocks and budget expectations.

Listen in!

Q1. Market is close to an all time high. Do you see profit booking ahead?

Q2. Some people say the metal super cycle has ended. Do you believe investors should become cautious about the sector?

Q3. View on Banks, which was a rank underperformer of last year, has shifted and many see it will perform very well. But given the challenges thrown by Covid, do you think this optimism is misplaced?

Q4. We saw some telecom companies covering debt to equity. Do you believe this will change the outlook on the sector?

Q5. Like last year, do you think Budget 2022 will do wonders for the market again? What are your expectations?

Thank you Shubham and Mr Singh for a very intriguing conversation.

That’s all in this week’s special podcast. Do keep checking this space for more interesting content and take time out to follow our market podcasts twice every day. Stay safe and Happy Weekend!


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