Avoid Metal Stocks at Current Juncture: Morningstar
PUBLISHED ON: August 13, 2015 | Duration: 4 min, 06 sec
Piyush Jain of Morningstar India told NDTV that with low demand for steel and excess capacity across the globe, margins of steel producers are falling. Mr Jain adds with the earnings not expected to improve immediately one should avoid investing in metal stocks.
