Metal stocks looking stretched: Angel Broking
By Ira Dugal | Published On: December 21, 2012 10:45 (IST) | Duration: 3 min, 20 sec
The rally in metal stocks may have stretched too far, says Bhavesh Chauhan of Angel Broking. He recommends a hold on stocks like SAIL and JSW, which he says have already gained substantially on improving fundamentals. He, however, retains a buy on Tata Steel & NMDC.
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