Markets Have Bottomed Out, Bullish on Metal Stocks: Chintan Haria

Chintan Haria, fund manager ICICI Prudential Mutual Fund, expects stocks in the power utility, banking and metal sectors to perform going ahead. (Watch) "One of the matrix one could look at is market cap to GDP (gross domestic product). The long-term market cap to GDP ratio is close to 80 per cent while today we are at a low of 63 per cent. In the past decade or two, we have bounced back from these levels," said Mr Haria. Corporate...