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    Once again its China: 5 metal stocks that can deliver up to 39 % returns

    Synopsis

    This week, when broader market indices were correcting sharply, it was metal stocks which were able to keep their head above water. Even today, the list of stocks trading with gains is dominated by metal stocks. This has happened for the fourth time in the last two months, that metal stocks have been able to inch upward when other sectors are under pressure. Is it an indication that global commodity markets are finally expecting all the efforts which the government in China is making to revive the economy might be successful. Or once again it is a short term movement which will face pressure at higher levels. It is the numbers from China which hold the key.

    In the recent past the Chinese attempt to revive their economy has been making headlines again and again. Whenever this happens, it is metal stocks which come into focus. The reason, China is one of the biggest consumers of metals. Be it copper, aluminum or steel. It is the largest consumer and in some cases like steel, largest producer also. Revival of any economy, be it China or any other country is a function of many factors, some of which
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    The Economic Times