Metals not to rally unless global economy show recovery signs: Sadanand Shetty

In an interview with ET Now, Sadanand Shetty, Vice President and Sr. Fund Manager, Taurus Asset Management Company talks about the outlook of base metals.

What is the call on base metals pack?

Base metals have rallied recently as it leveraged to the global recovery and financial stability. Privately we have seen lot of intent statement made by the policymakers across the world to save European countries from breakaway. So that is something which has impacted primarily metal companies. So as long as crisis on global economic recovery remains, metals will not show a sustained rally.