E-PaperMetal Stocks News
Nifty Metal index bounces back 3.4% from day's low amid strong spike in metal prices
Heightened tensions in the Middle East lead to a decline in Indian equity markets, while metal stocks show resilience with a marginal gain. Fresh sanctions on Russian metals by the US and UK further contribute to the upward trajectory of metal prices in global markets.
2 min read15 Apr 2024Metals: Rebound in global manufacturing activity pushes prices high; Indian stocks including Vedanta soar
Prices of industrial metals like copper, aluminum, steel, and zinc are rising due to supply disruptions and increased global demand. Manufacturing rebounds in the USA and China are major drivers. Analysts expect China to announce stimulus measures. Copper prices are expected to soar further.
4 min read12 Apr 2024Nifty, Sensex Make Fresh All-Time Highs; What Is Driving The Rally? | Explained
Wednesday is turning out to be a great day for buyers. In the morning session, bulls took over the markets, and both benchmark indices - the Sensex & Nifty made new all-time highs, At 1:20 pm Sensex was trading more than 1000 points up at 63,991.46 up 1.62%. Nifty was also up more than 300 points and crossed the 19,000 level briefly. So what's driving this market rally? Has the market run out of steam after making new all-time highs? Or is the rally likely to continue? Watch to find out.
28 Jun 2023Metal and auto stocks were worst hit in FY20 amid broad sell-off
Benchmark indices Sensex and Nifty, in contrast, lost 23.8% and 26.03%, respectively, in FY20, the worst since FY09Domestic demand outlook remains weak with construction and auto sectors facing demand headwinds
2 min read7 Apr 2020Metal stocks up on progress in US-China trade talks
The BSE Metal Index rose 2% to 9,759.50 points, while the BSE Sensex was up 0.7% at 40,889.96 pointsInvestors are optimistic over a trade deal between the US and China ahead of a tariff hike deadline
1 min read13 Dec 2019Metals stocks shine on optimism over US-China trade deal
JSW Steel was the top gainer among Nifty 50 constituents, climbing up nearly 6%Tata Steel and Vedanta rose 4.5% and 3.5%, respectively
1 min read4 Nov 2019Metal stocks surge; report Centre may allow companies to divert part of iron ore
Optimism over the US-China trade deal and the EU extending Brexit deadline also boosted sentimentThe BSE Metal index jumped 4% to 9,357.60 points
1 min read29 Oct 2019Why the Nifty Metals index may find it hard to recover any time soon
Nifty Metals index figures among the worst-performing-sector indices in the past one monthThe index dipped 5% compared to a 2.33% slip in the Nifty 50
1 min read22 Jul 2019Metals: Slowdown triggers earnings cuts with no bottom in sight yet
Falling prices should ideally lead to production cuts by high-cost producers, bringing equilibrium to the market
2 min read11 Jan 2019NGT lifeline for Vedanta copper business awaits political test
The Sterlite copper plant in Thoothukudi, Tamil Nadu, was shut in May, and its reopening will boost Vedanta's earnings
2 min read19 Dec 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared