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Source: Live Mint (Recasts, adds comment and changes dateline from Shanghai) LONDON, Jan 2 (Reuters) – Copper prices hovered around five-month lows as expectations of a deteriorating demand outlook were reinforced by weak manufacturing activity around the world, offsetting support from a weaker dollar. Benchmark copper on the London Metal Exchange (LME) was up 0.1%…
Source: Live Mint KEI Industries Ltd is preparing to carry out its enhanced capital expenditure (capex) guidance. The cable and wire company recently completed a fundraise of ₹2,000 crore through a qualified institutional placement (QIP) at ₹3,800 a share. These funds are expected to help its balance sheet and support its greenfield expansion at Sanand…
Source: Live Mint While the Indian stock market rebounded from a sharp six-day sell-off in Tuesday’s trade, metal stocks experienced a significant decline, with many stocks in the Nifty Metal index dropping by as much as 4% after China’s leading economic planner failed to introduce further stimulus measures. As a result, the Nifty Metal index…
