Why are metal stocks rallying: Explained!

Metal stocks have been on a roll lately. The Nifty Metal index has been up significantly, with gains of over 50%, in the last one year. ETMarkets spoke to Sonam Srivastava, Founder & CEO of Wright Research, to understand the factors behind the rally and more. Edited excerpts:

1. The Nifty Metal index has been up significantly with gains of 8.4% in the last 30 days. It has gained about 57.8% in the last year. What are the factors behind the rally in metal stocks?