The Strong Metal Sector's Outlook, These 6 Shares can Return Up to 39%

Rudra Investment SEBI Registered Advisory

For the past few months, there has been good growth in the metal. In the coming days, there is hope for demand and boost in the coming days. Experts say that the sector's Outlook looks strong at both domestically and globally. In the country where Infrastructure will be benefited by a focus on housing, there will be better data coming in the US, Europe and demand for the metal from revival plan in China. It expects the prices of metal to rise further. At the moment, investors can focus on mid-term in good stocks.

The lowest loss in the fall

Talking about the last 30 days, the performance of the metal sector has been better than other sectors. Even the lowest loss in volatility in the market since February 1, has happened to the metal sector. On the Nifty, the metal index has been falling below 1% in the last 30 days. In the auto index, 6.23 percent, Nifty has 8 percent, 4.5 percent in energy index, 4.5 percent in FMCG, 4 percent in IT, 6.5 percent in pharma index and 9.3 percent in reality index.

Why are metal prices rising?

Rudra Investment Expert says, there is a steady increase in the metal prices. The main reason for this is supply resistance. Production has been limited in the past, due to environmental concerns in many countries including China. Due to this, supply was reduced, prices got support. Copper, nickel and aluminum production have more effect on production. He says that in the current period demand is not very much, yet there is a problem of supply. At the same time, in many countries including Uyay Europe and China, demand is expected to grow suddenly. In this case, for the next 3 months, the prices of metal and higher rises are showing. The metal companies will be benefitted

Expected to get more demand in demand

Sandeep Jain, head of the research head of Trade Swift, says that metal prices are at the top of the last several years. At the same level, both the domestic and international levels are looking at the sector's outlook. Better data is coming in the US and Europe. At the same time, there is also a revival in China. These are indications that the demand for further metal at the global level will be sharp.

On the other hand, the Government's focus on the domestic level is on Infra and Housing. Automobile sector numbers are coming up well. If the rural economy is better, the demand for auto will further increase. Demand of the metal from all these sectors will be fast. That is, in the coming days, the composition of Metz will also increase in India, so prices are showing support. Investors can bet on good shares for the next 6 to 12 months.

Support received from a trade policy

SEBI Registered Advisory experts, the government imposed anti-dumping duty on steel which is imported from China to support the domestic industry and pushed it forward. The sector also got support from this trade policy. Domestic companies got an opportunity to increase their capacities.