Metals can rally if markets give support: Siddharth Sedani, Microsec Capital Ltd

What is your call on most of these steel stocks especially SAIL?

I think SAIL is little bit expensive to its peers. In steel segment Hindalco is a stock where one can be overweight. Apart from that Tata Steel is a neutral ratingbecause in terms of Tata Steel, the chorus EBITDA should remain positive. As far as domestic Tata Steel is concerned, there is a 15,000 crore of expansion plan from 6.8 million tonnes to 10 million tonnes this financial year.

So looking at the domestic story, it is a neutral weighting for Tata Steel. But overall, the sector can breakout if the markets give a breakout. So metals can rally and can take the charge up forward if markets give a support.