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Nifty Metal index can hit historic high; Hindalco, NMDC may rally up to 17%

The Nifty Metal index can clock a new high, if it manages to cross and sustain above the 6,000-mark.

Topics
Nifty Metal index | NMDC share | National Aluminium Company

Avdhut Bagkar  |  Mumbai 



Steel, iron, metal, manufacturing, core sector, industries, manufacturing
Steel stocks

The Budget 2022 has proposed to extend the customs duty exemption on steel scraps for one more year. Also, the Finance Minister has taken the initiative to invoke the anti-dumping duty on major steel segments on account of the higher prices. This provides relief to several steel producers and encourages them to provide feasible business environment.

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First Published: Fri, February 04 2022. 11:59 IST

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