In an interview with CNBC-TV18, Kishore Narne, Motilal Oswal Commodity Broker, discussed with Manisha Gupta the current trend in commodities markets.
Talking about crude prices, Kishore Narne said, “I think the underlying fundamental is still bullish... in India probably targets close to around Rs 4,270- 4,290 could be possible.”
Speaking about metal prices, he said, “I think that is one positive momentum ... The largest concern in the base metal industry was the China-US trade war and the second was China slowing down. So both of them have had positive surprises.”