NMDC, Tata Steel, and other metal stocks fall up to 8%. Here’s why
Shares of metal stocks like NMDC, NALCO and Tata Steel fell up to 8% on Tuesday after top consumer China held back from unleashing more stimulus. At a briefing, China’s state planner National Development and Reform Commission said they were confident of reaching its economic targets this year and promised further support for growth but…
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Large-cap stocks to buy: Investing more money in stocks? Long term or tactical approach? Maybe the second. 5 large-cap stocks which fit the bill at this time
Synopsis To some our headline may appear confusing. When investing is all about the long-term, why even think of a tactical approach? But given that valuations are high or even in bubble territory, itβs best to be tactical when pumping fresh money into the market. When we say tactical, what we mean is: Consider sectors…
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Moderately valuedβ metal stocks shine on bourses
Metal stocks were among the top gainers in Monday’s trading session on perceived moderate valuations, and after New Delhi initiated an anti-dumping probe on Vietnamese hot-rolled coil (HRC) imports. The Nifty Metal Index gained 1.87% while the benchmark Nifty advanced 0.13% on Monday. National Aluminium surged 4.35% on Monday followed by Hindalco which gained 4%….
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