“Aditya Welekar is bullish on the Nifty Metal Index and metal stocks for the medium to long term, recommending accumulation on dips. He views the current correction as tactical, driven by profit booking and commodity rebalancing, with near-term volatility from Fed rate uncertainty. Despite muted Q3 earnings expectations, he anticipates an improving outlook for Q4 and beyond, supported by strong supply-demand fundamentals, lower raw material inflation, and increased construction activity.”