According to reports from CNBC TV18, Dharmesh Kant, Head of Research at Chola Securities, expects the commodity upcycle to continue for another year despite near-term volatility. Kant anticipates that any correction in metal prices will present long-term buying opportunities, supported by reconstruction activity in the Middle East and a revival in infrastructure spending in countries such as India.
As reported by CNBC TV18, Kant remains positive on metals and has identified specific stocks for investment. He prefers Hindalco, Hindustan Zinc, Vedanta, Tata Steel and JSW Steel on declines, positioning these as attractive opportunities during market corrections. The research head's strategy reflects confidence in the long-term commodity cycle despite short-term price volatility.
According to CNBC TV18, Kant believes the cement sector has been overlooked by investors. He favours large-cap names like UltraTech Cement and Ambuja Cements, while regional players could benefit from improving pricing over the next two to three months. This sector outlook suggests potential value opportunities in cement stocks despite current market conditions.
As reported by CNBC TV18, Kant's investment approach focuses on timing market corrections as opportunities rather than risks. His strategy involves identifying specific stocks within the metals and cement sectors that become attractive during price declines, positioning for potential recovery as the commodity upcycle continues. This approach reflects a contrarian investment philosophy during current market conditions.
