Page 3 - Nifty Metal Index

Ravi Nathani recommends placing bearish trading bets on Nifty Metal index

According to the technical analyst, the Nifty FMCG index is gyrating in a 1,000-point range, a breakout from the same could trigger a fresh trend.

Metals eye up to 15% gain amid China reopening, likely capex push in Budget

Over half of the stocks in Nifty Metal Index are trading with a bullish sentiment ahead of Budget 2023,

Ravi Nathani is bullish on auto shares; bearish on metals, PSU banks

According to the technical analyst, the Nifty Auto index can rally to 13,050 - 13,160 levels.

Citibank upgrade lifts metal stocks; Nalco and SAIL shares gain

The BSE Metal Index rallied 1.5 per cent, outperforming the benchmark Sensex which rose 1.41 per cent

Bears likely to get stronger below 17,960 on the Nifty, says Ravi Nathani

On the upside, the technical analyst sees 18,336 as the key resistance for the Nifty 50.

Jefferies turns 'positive' on Indian metals on easing Covid curbs in China

The change in stance comes after almost a year of cautionary view. The Nifty Metal index advanced over 2 per cent while shares of Tata Steel surged nearly 6 per cent

Tata Steel, Hindalco: Golden Cross breakout can trigger bull-run in metals

The Nifty Metal index seems to be eyeing a new historic peak at 6,900-level; Thus, select stocks from this space could rally up to 15 per cent on their respective breakouts.

Metal stocks: Will export duty rollback help?

India has decided to remove export duty on steel, and steel making raw material. While industry has welcomed it, analysts do not see any benefit in the near term. How will related stocks be impacted?

Vedanta, JSW can soar up to 18% as Nifty Metal eyes 'Golden Cross' breakout

The Nifty Metal index can rally up to 11 per cent following the breakout. Among individual stocks, Tata Steel needs to conquer its 200-DMA to gain strength.

Should you fret over the recent market sell-off? Here's what charts suggest

Sensex has shrunk 1,372 points or 2.29 per cent to 59,015 and Nifty50 shed 425 points or 2.3 per cent to 17,561 so far from their recent highs

Are metal stocks bottoming out as China pushes for a stimulus package?

Until major hurdles are not conquered by Metal index, the turnaround scenario may fade sooner

Base metal companies line up Rs 1.14 trillion capex as demand rises

Host of sectors pushing up need for metals; capital outlay significant by firms, say experts

Nifty Metal index crashes 16% in May, sees sharpest fall since March 2020

Fall comes on the back of the govt's decision to impose export duty on steel in a bid to cool off domestic prices

Nifty Metal bleeds 7% after govt hikes export duty on steel products

The government levied export duty on 11 iron and steel intermediates and key steel products.

Metal stocks feel the heat of conflicting trends across commodity markets

Analysts are now taking note of a few developments that could lead to demand reduction; Nifty Metals Index, with 2.85% fall on Monday was the top loser among sectoral indices

Rally in Metal index has more steam left; Vedanta may soar another 15%

While Nifty Metal index is just 140 points short of a new historic peak, Vedanta shares gracefully achieved it today

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.

Nifty50 firms' combined net profit seen rising 25% in third quarter

Metal and mining firms expected to lead earnings growth

Markets skid for second day as inflation, valuation concerns' weigh

Analysts said the inflationary pressure seen by companies such as HUL and Nestle India have made the Street temper down its earnings growth expectations

Metal stocks: Bulls have upper hand, Copper at a five-year high

Demand-supply scenario is favourable and should keep prices elevated