Commodity boom! Hind Copper, NTPC, NMDC to see up to 30% rally

With Nickel, Gold and wheat also hitting multi-year highs like Crude Oil, these five commodity related shares are likely to witness strong gains, indicate charts.

Tracking the footsteps of Crude Oil, other key commodities too hit multi-year highs in the backdrop of the ongoing Russia-Ukraine conflict. On Monday, March 07, Crude oil futures rose to their highest levels since 2008, with Brent Crude almost hitting the $140-level a barrel. 

Similarly, Nickel surged 76 per cent in a single trading session to $51,000 a tonne, Gold conquered the $2,000-mark an ounce and Wheat zoomed to 14-year highs on Monday. 


 

Investors across globe are worried over the extent of impact