00:00So now there is a recent event in which the WTO has reached in America, which is the concern of steel and aluminum.
00:13How are you looking at this situation? How are you looking at this situation?
00:18Which sector is especially focused on which company is focused on?
00:22Yes, I think metal space, which we have seen in the US and China's trade tensions,
00:29some of the metals will be supported.
00:32Usually, the initial tariffs were put in China or US, they were definitely very high.
00:42So if you look at this, the tariffs are significantly reduced,
00:50the trade tensions are reduced,
00:52which can become industrial demands of metal,
00:55and because of the lower tariffs,
00:57it will also be supported by metal prices and exports.
01:00Indian stocks also have a benefit,
01:03because when the global prices are stable,
01:06and the uncertainties are less,
01:08the export opportunities for Indian producers will be very good.
01:11I think that in India,
01:14there is also a gradual improvement.
01:18We have seen stocks such as JSW steel,
01:21or Tata steel,
01:22in the steel-related stocks.
01:23In the aluminum-related stocks,
01:25in the national aluminum stocks,
01:27in the national aluminum stocks,
01:28which I think,
01:29structurally,
01:30the price-wise corrective phase,
01:31we have seen the market in October,
01:33after the stock in October.
01:35The second factor,
01:36which is the dollar index,
01:37which is the dollar index,
01:38which is the dollar index.
01:40When the dollar index and metals are usually
01:42an inverse correlation.
01:43When the dollar index is still in the middle,
01:45the metals are still in the middle,
01:46the metals are still in the middle,
01:47and we see that the metals stocks
01:49are still under-performing.
01:50In the past 2-3 months,
01:52in the US,
01:53the election of the US,
01:54after the dollar index,
01:56the dollar index is quite high-level,
01:58which is 110 to the high,
02:00which is 100 to the high,
02:01the 100 to the high,
02:02and now,
02:03the 101-102 to the trade.
02:04So,
02:05I think,
02:06these are clear indications that
02:07in the dollar index,
02:08the dollar index,
02:09the dollar index,
02:10if it is low-levels,
02:11then,
02:12it will also be supported.
02:13So,
02:14I think,
02:15definitely,
02:16these are some factors for this space,
02:17which will be a good support,
02:18and this is why,
02:19some metal stocks,
02:20which we talked about,
02:21will be a good return.
02:22So,
02:23some of the metals stocks,
02:24which we talked about,
02:25will be a good return.
02:27a good return.
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