NALCO, Hindalco, Vedanta shares rally up to 10%. Here’s why
Shares of Indian metal companies National Aluminium (NALCO), Hindalco, and Vedanta shot up by 10% on Monday after the aluminium prices went up over the weekend after China’s finance ministry proposed to reduce or cancel export tax rebates for commodities including copper and aluminium, effective December 1. Shares of NALCO skyrocketed by 10% to their…
READ MORE
National Aluminum, SAIL shares surge up to 4% on PBoC’s 50 bps RRR cut
Shares of metal companies like National Aluminium surged 4.7% to its fresh 52-week high of Rs 21.40 while those of SAIL rallied 3.5% to day’s high of Rs 144.20 on the BSE as People’s Bank of China (PCoB) announced that it would cut the amount of cash that banks must hold as reserves (reserve requirement…
READ MORE
Moderately valued’ 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%….
READ MORE
TCS shares: TCS, Samvardhana Motherson International among 5 stocks with long buildup – Trend Tracker
Indian Railway Finance Corporation Share Price 179.06 04:01 PM | 14 Aug 2024 -2.6(-1.43%) One97 Communications Share Price 538.8 04:01 PM | 14 Aug 2024 32.65(6.46%) YES Bank Share Price 23.99 04:01 PM | 14 Aug 2024 -0.13(-0.5%) ITC Share Price 492.2 03:59 PM | 14 Aug 2024 2.2(0.45%) HDFC Bank Share Price 1607.8 04:01…
READ MORE
National Aluminium, JK Cement among 5 stocks with short buildup – On Radar
Indian Railway Finance Corporation Share Price 203.9 11:20 AM | 23 Jul 2024 -0.69(-0.34%) One97 Communications Share Price 447.15 11:19 AM | 23 Jul 2024 -5.31(-1.18%) YES Bank Share Price 25.26 11:19 AM | 23 Jul 2024 -0.42(-1.6%) ITC Share Price 475.8 11:20 AM | 23 Jul 2024 9.25(1.99%) HDFC Bank Share Price 1629.6 11:20…
READ MORE