Take trading bets; aluminium stocks better than steel in metals: Rakesh Arora
“Our experience in India shows that revenge spending is largely driven towards services, travel which are not very commodity intensive. When we are talking about housing, Chinese companies have huge inventory and the developers are not in a state to really push up construction. So there would be revenge buying which will not be commodity focussed and to that extent I am not that bullish on this thesis.”
