Renisha Chainani of Monarch Networth Capital discusses with Manisha Gupta the current trend in commodities markets.
Chainani believes that overall base metals are digesting various news like the Fed meeting, the US extending its extensions for Rusal, as well as China economic numbers that are coming positive.
According to Chainani, aluminium and copper have been the outperformers. She said, “I have a buy recommendation for both of these metals. Copper can extend its rally towards Rs 459 and aluminium can extend its rally towards Rs 159.”
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