Metal stocks end mixed as alumina prices continue to hit all-time high; Vedanta, Hindalco, NALCO to gain focus | Stock Market News

Metal stocks end mixed as alumina prices continue to hit all-time high; Vedanta, Hindalco, NALCO to gain focus | Stock Market News

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…

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Shining brighter: Nifty Metal extends rally for seventh straight session on rise in metal prices, China stimulus | Stock Market News

Shining brighter: Nifty Metal extends rally for seventh straight session on rise in metal prices, China stimulus | Stock Market News

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,…

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Stock market today: Nifty 50, Sensex end off record highs; IT, metals shine | Stock Market News

Stock market today: Nifty 50, Sensex end off record highs; IT, metals shine | Stock Market News

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…

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Nifty 50 @26K | Nifty metal gains 3% to near 2-month high, NALCO biggest gainer; What fueled the rally? | Stock Market News

Nifty 50 @26K | Nifty metal gains 3% to near 2-month high, NALCO biggest gainer; What fueled the rally? | Stock Market News

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…

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