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Nifty Metal Index

Here's why Nifty Metal index rose over 1% on November 26; details inside

At 11:52 AM, 12 of the 15 stocks in the Nifty Metal Index were trading in the green, while three remained in the red

Here's why Nifty Metal index rose over 1% on November 26; details inside
Updated On : 26 Nov 2024 | 12:55 PM IST

Nifty Metal, FMCG approaching key support levels; trading strategy here

The Nifty Metal Index has been experiencing a downward trend in the near term, as indicated by the recent sharp correction.

Nifty Metal, FMCG approaching key support levels; trading strategy here
Updated On : 18 Oct 2024 | 7:01 AM IST

Metal index corrects for 4th day in a row; NMDC, Tata Steel slips up to 8%

The Nifty Metal index, the top loser among sectoral indices, was down 2 per cent, as compared to the 0.35 per cent rise in the Nifty 50, at 9:53 AM.

Metal index corrects for 4th day in a row; NMDC, Tata Steel slips up to 8%
Updated On : 08 Oct 2024 | 11:54 AM IST

Metals stocks glint in trade; Nifty Metal up over 1% on China stimulus

Metal stock surged after China lowered the mortgage rate. At around 9:28 AM, Nifty Metal was up 1.23 per cent at 10,188.3

Metals stocks glint in trade; Nifty Metal up over 1% on China stimulus
Updated On : 30 Sep 2024 | 10:22 AM IST

Nifty Metal shines as Chinese central bank cuts interest rate

Metal stocks rallied in India on Tuesday morning, after the People's Bank of China (PBOC) lowered the 14 day reverse repo rate by 10 bps

Nifty Metal shines as Chinese central bank cuts interest rate
Updated On : 24 Sep 2024 | 1:28 PM IST

Is FMCG a better bet in this volatile market? What technical charts say

The Nifty FMCG Index is demonstrating a bullish trend in the near term, as indicated by its recent upward movements on the charts.

Is FMCG a better bet in this volatile market? What technical charts say
Updated On : 09 Aug 2024 | 7:51 AM IST

3 reasons why the Sensex surged nearly 1,300 points on Friday, July 26

For context, the record highs for Sensex and Nifty50 are 81,587.76 and 24,854.80 levels, respectively.

3 reasons why the Sensex surged nearly 1,300 points on Friday, July 26
Updated On : 26 Jul 2024 | 4:36 PM IST

Sell Nifty Metal on the rise, support at 9,500; more details here

The Nifty Metal Index is currently in a phase of consolidation, trading within a narrow range of 300 points, specifically between 9,700 and 10,000

Sell Nifty Metal on the rise, support at 9,500; more details here
Updated On : 12 Jul 2024 | 6:31 AM IST

Nifty Metal index hits record high on May 21; what's fuelling the rally?

The surge in the metal index, analysts believe, is largely credited to Vedanta's robust Q4 performance and its first interim dividend declaration of Rs 11 for FY25

Nifty Metal index hits record high on May 21; what's fuelling the rally?
Updated On : 21 May 2024 | 2:25 PM IST

Hindalco, Vedanta, JSW Steel on your buy list? Wait for a dip, say analysts

The run-up in the stock prices of metal companies, analysts said, has largely been driven by tighter supplies in the global markets, coupled with hopes of improving demand, especially in China

Hindalco, Vedanta, JSW Steel on your buy list? Wait for a dip, say analysts
Updated On : 06 May 2024 | 10:27 PM IST

SAIL at 14-yr high; Can steel stocks extend rally? Here's what charts say

The Nifty Metal index has gained 6% in the last 3 days outperforming the benchmark Nifty. Here's a technical outlook on SAIL, Tata Steel, JSW Steel and Jindal Steel.

SAIL at 14-yr high; Can steel stocks extend rally? Here's what charts say
Updated On : 03 Apr 2024 | 11:51 AM IST

Metal stocks show mettle; Index jumps over 3% led by SAIL, Tata, JSW Steel

Adani Enterprises, Vedanta, Hindustan Copper, Hindustan Zinc, NMDC, and Nalco were trading higher in the range of 0.2 per cent to 2 per cent

Metal stocks show mettle; Index jumps over 3% led by SAIL, Tata, JSW Steel
Updated On : 01 Mar 2024 | 1:25 PM IST

Buy Nifty FMCG on dips; Metal to gain strength above 8,100, suggest charts

According to Ravi Nathani, an independent technical analyst, technical indicators such as RSI and MACD are signaling potential for a technical pullback in the near term on the Nifty FMCG index.

Buy Nifty FMCG on dips; Metal to gain strength above 8,100, suggest charts
Updated On : 23 Feb 2024 | 6:36 AM IST

Divergent trend seen in Nifty FMCG, Metal and Realty; check key levels

According to Ravi Nathani, an independent technical analyst, the Nifty FMCG exudes a bullish short-term trend; while the Metal and Realty indices suggests a sell strategy.

Divergent trend seen in Nifty FMCG, Metal and Realty; check key levels
Updated On : 09 Feb 2024 | 6:38 AM IST

Nifty Metal eyes consolidation, Nifty Pharma trades with negative bias

The advised strategy for the Nifty Metal index is to buy near support levels and sell near resistance

Nifty Metal eyes consolidation, Nifty Pharma trades with negative bias
Updated On : 14 Dec 2023 | 7:53 AM IST

Nifty Metal index looks weak on charts; Oil & Gas seems range-bound

Ravi Nathani, an independent technical analyst, recommends initiating short positions on rise on the Nifty metal index with a stop at 6,550.

Nifty Metal index looks weak on charts; Oil & Gas seems range-bound
Updated On : 02 Nov 2023 | 7:47 AM IST

Metal stocks buck the trend on China stimulus, BSE Metal index rises 0.85%

The world's second-largest economy consumes almost half of the global metals supply. As a result, China's economic outlook has a huge bearing on metal prices

Metal stocks buck the trend on China stimulus, BSE Metal index rises 0.85%
Updated On : 25 Oct 2023 | 11:08 PM IST

Nifty IT, Metal indices: Adopt 'Sell on Rise' strategy; here's why

According to Ravi Nathani, an independent technical analyst, one can consider to sell the Nifty IT and Metal indices near resistance levels.

Nifty IT, Metal indices: Adopt 'Sell on Rise' strategy; here's why
Updated On : 20 Oct 2023 | 6:17 AM IST

Nifty FMCG likely to exhibit bullish bias; Metal needs to clear 6964 hurdle

The Nifty FMCG can potentially rally nearly 2 per cent from current levels, to near about 53,625, says Ravi Nathani, an independent technical analyst.

Nifty FMCG likely to exhibit bullish bias; Metal needs to clear 6964 hurdle
Updated On : 18 Oct 2023 | 6:24 AM IST

Nifty Pharma, Metal: Key levels to watch out on these range-bound indices

According to Ravi Nathani, an independent technical analyst, Nifty Pharma index is oscillating between 15,450 and 15,000; whereas, the Metal index is moving in a range of 6,900 to 6,600.

Nifty Pharma, Metal: Key levels to watch out on these range-bound indices
Updated On : 12 Oct 2023 | 6:35 AM IST