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Source: Live Mint Stock market today: Indian stocks extended their bull run to the third straight session on Wednesday, March 19, driven by gains in financials, heavyweight stocks, and value buying in beaten-down counters. Despite weak sentiment on Wall Street ahead of the Federal Reserve’s monetary policy decision, domestic markets remained resilient, driven by positive…
Source: Live Mint Stocks to buy: Domestic brokerage firm Axis Securities in its latest note has lifted its rating on the Steel Authority of India (SAIL) to ‘buy’ from ‘hold’ and also lifted the target price to ₹130 apiece from ₹115, citing the improving steel spreads, which it believes will improve the stock’s risk-reward outlook….
Source: Live Mint Metal stocks: The recent surge in alumina prices has brought increased attention to metal stocks such as Vedanta, National Aluminium Company (NALCO), Hindalco Industries, Arfin India, Century Extrusions, Maan Aluminium, and MMP Industries. An increase in alumina prices usually translates into an increase in aluminium prices eating away the profits generated by…
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…
Source: Live Mint The Indian stock market closed the volatile trading session on a flat note on Tuesday, October 1 amid mixed global signals and uncertain economic indicators. While some stocks posted slight gains, the overall sentiment remained cautious. Traders opted to remain on the sidelines as they evaluated the potential impact of the recovery…
Source: Live Mint In September, Indian markets enjoyed a series of record highs, but on the final trading day of the month, investors opted for profit booking, leading to a sharp correction. Both the Nifty 50 and the Sensex fell by over 1.4% today, marking their steepest intraday decline in two months. Despite this downturn,…
Source: Business Standard 4 min read Last Updated : Sep 30 2024 | 2:22 PM IST The NSE Nifty Metal index stood tall in an otherwise weak market on Monday, gaining as much as 1.6 per cent at 10,225 in intra-day deals. Meanwhile, the NSE Nifty 50 index had shed 1.3 per cent or…
Source: Live Mint On Monday, the Nifty Metal index increased by almost 2%, marking its seventh consecutive session of gains, driven by sharp uptick in global metal prices, particularly following China’s intended stimulus aimed at strengthening its economy. Metal stocks were skyrocketing in an otherwise volatile and sluggish market on Monday’s trade. At 12:30 IST,…
Source: Live Mint Stock Market Today: After reaching new record highs in early trading today, the domestic benchmark indices couldn’t sustain the rally towards the end of the session, as profit booking by investors at higher levels led both indices to close with minor drops. Nevertheless, today was the sixth consecutive session wherein both indices…
Source: Live Mint Domestic equity benchmarks Sensex and Nifty 50 extended their winning streak for the fourth consecutive session on Tuesday, September 24, before settling flat, having swung between slight gains and losses through the day. The boost to metal stocks from China’s new stimulus measures was offset by profit-booking, especially in select banking and…
