Metal stocks take the blow as tariff war fears intensify
Mumbai: Metal shares tumbled on Friday, emerging as the biggest losers in the day’s trading, on heightened concerns that demand would take a hit if the ongoing tariff war between the US and China led to a sharp downturn. The Nifty Metal index plunged 6.6%-its worst day since the announcement of general election results in…
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Vedanta, Hindalco, other metal stocks slide 6% on growth concerns amid trade war
Shares of metal stock tumbled by up to 6% in today’s session as uncertainties surround the future outlook of these companies after U.S. President Trump’s reciprocal tariffs have raised concerns over global demand growth and the potential disruption of business activities worldwide. The shares of National Aluminium Company (NALCO) dipped the highest, falling by 6%…
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Metal stocks rise up to 17% after 5 monthly declines. But trend sustainability will have to pass through Trump tariff test
Metal stocks have staged a strong comeback over the past month, rising by up to 17%, while the sector has remained a top draw for investors, outperforming the Nifty by over 10%, driven by the ongoing slide in the dollar index (DXY). However, the real test of sustainability begins now, with flat 25% tariffs on…
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