Page 9 - Metal Stocks

Metals halt losing run; BSE Metal index gains 2%, JSPL, Tata Steel up 5%

The uptick in metal prices augurs well for domestic metal companies as it would have a positive rub-off on their financial performance, going forward

Credit Suisse cuts metals stocks from overweight to underweight

"We book profits on metals, reversing positions added in December-20 and earlier, as P/B relative to market is near a 10-year high," Credit Suisse said

Can metal stocks gain their mojo back? Here's what analysts say

With the latest overhang on the outlook, and after a sharp run-up, can metal stocks surprise with more returns? Tune in to learn more

Metal stocks shed 3.6% amid Chinese demand worries, the most since April 12

State-owned SAIL and Jindal Steel & Power have lost over 17% each since May 10. Industry leaders Tata Steel, JSW Steel and Hindalco are down over 8% each

Metal stocks propel Nifty50 back above 15,000: Here're top gainers, losers

The index had previously closed above the psychologically-important level on March 12

Covid 2nd wave severity will determine pace of growth: FT's Radhakrishnan

Faster-than-expected recovery in the US economy and the resultant tapering of stimulus by the US Federal Reserve could potentially affect risk sentiment and impact flows to emerging markets like India

Metal shares extend rally; Nifty Metal index surges 18% in 2 months

Individually, Hindalco rose 6.2 per cent, Nalco (6 per cent), Adani Enterprises (3.4 per cent), and Welspun Corp (3 per cent)

Metal & mining stocks big laggard on bourses over the long term

BSE Metal up just 164% since Jan '05 against 645% rally in Sensex

Metal and mining stocks' weight touches two-year high on Nifty50

Market cap of top 10 firms has risen 33% since January

Cyclical stocks to lead India Inc's earnings growth in fourth quarter

The country's top brokerages expect Nifty50 companies to report a combined net profit of Rs 1.2 trillion in Q4FY21, translating into year-on-year growth of 142 per cent from Rs 49,645 crore a year ago

Steady rise in metal prices is a big risk for the automotive industry

Analysts expect more pain for automakers since prices of steel and non-ferrous metals, such as copper, aluminium, and zinc, have increased further in three months

Street signs: Nifty at crucial juncture, Sebi's valuation norms, and more

The markets are undergoing a turbulent phase but metal companies seem in a bull market

Limited supplies and high demand may continue to boost metal stocks

The BSE metal & mining index is up 144 per cent since the end of March 2020

Tata Steel, Vedanta: Rally in metal stocks may just have begun, charts show

The Nifty Metal index is struggling to sustain above the 3,600 mark. However, once breached decisively, an up move towards 4,000 levels can not be ruled out.

Metal stocks shine in a weak mkt; Hindustan Copper, Hindalco jump up to 17%

JSW Steel, Hindustan Zinc, Ratnamani Metals and Tubes, Tata Steel, MOIL, and Jindal Steel were up in the range of 2 per cent and 3 per cent.

Tata Steel, Vedanta: Tech charts signal more upside in metal stocks

Going forward, analysts at Phillip Capital expect metal companies to report further improvement in operating performance in Q3FY21 results

Steel stocks hit fresh high on price hike, improvement in production

Stocks of all major steel producers hit a new one-year high with Tata Steel leading the pack

Rising cases of coronavirus put a question mark over metal stocks rally

Analysts see downside risk in stocks as the world economy faces the prospects of fresh lockdowns

Commodity rally to create new winners and losers in coming quarters

Metal & mining firms to gain; others may see margins contract

Nifty Metal index hits 52-wk high; SAIL, Nalco, Hindustan Copper up over 5%

Sunflag Iron, Tata Steel Long Products, Jindal Stainless (Hisar) and Jindal Stainless among non-index stocks that surged more than 5 per cent on the BSE