Buoyant dollar, global fall in commodities to aid tyre stocks' upmove: Harendra Kumar

In a chat with ET Now, Harendra Kumar, Managing Director-Institutional Equities, Elara Capital shares his views on tyre stocks. Excerpts:

ET Now: What is your sense about tyre stocks? Do you think the up move will continue?

Harendra Kumar: We do not track tyre stocks, but the strengthening dollar and a global fall in commodities that is underway, is also being reflected in the bull prices today. So that will be positive for all commodity consumers and would also apply to tyre stocks.