Sugar, agri-linked stocks may remain in momentum for some time: Pankaj Sharma, Equirus Securities

In a chat with ET Now, Pankaj Sharma, ED, Equirus Securities, talks about what lies ahead for commodity-linked stocks.

ET Now: What is your view on sugar stocks? They have rallied quite a bit.
Pankaj Sharma: See I think, the rally is also related to the fact that we have seen some firmness in the sugar market. I think also if you look at some of the progressive steps which the government is taking, the expectation is building that government will taking further steps, which would be good for the sector. And that is why stocks are already reflecting that. But I believe that this rally will continue for some more time not just for sugar, but also for other agriculture-linked commodities. I think government would be taking steps that are good these sectors. But purely from the sugar sector's perspective, some kind of expectation is already built in sugar stocks. That is why the sector has done so well in the last few weeks.