Positive on capital goods sector: Sethuram Iyer, Daiwa Asset Management

In a chat with ET Now, Sethuram Iyer, Chief Investment Officer, Daiwa Asset Management, shares his views on capital goods sector.

ET Now: What is the call on capital goods?

Sethuram Iyer: Investors need to be slightly positive on capital goods sector, at this point of time because it cannot get any worse. So, any good news is likely to give a significant boost to this sector. The companies are at rock bottom levels and they can only move one way, which is up from these levels.