Vikash Singh, Vice President at ICICI Securities, says the long-term outlook for aluminium also remains strong, with prices estimated near $2,950. While Nalco benefits more directly from higher aluminium prices, Vedanta remains his preferred stock. Ductile iron (DI) pipe makers…
Indian equities have corrected 8% in the last two weeks. The Nifty and the Nifty Bank are both down 13% each from their respective record high levels. The only two previous instances of such a fall are during the Covid-19…
The Indian Rupee improved to 92.43 against the US dollar from 92.46 on Friday. Crude oil nears $100 per barrel amid West Asia crisis. Gold and silver prices fell on COMEX.
Varun Beverages shares had dropped to a 52-week low last week, having posted monthly losses in January and February as well. The last instance of the stock declining for three months in a row was back in April-June period of…
IndiGo has announced a fuel surcharge across all domestic and international routes amid the ongoing war in West Asia. UBS views the airline’s decision to introduce the surcharge as a meaningful positive.
Apart from VA Tech Wabag, Data Patterns and SEAMEC, other companies that have won orders include RailTel, which has won an order worth ₹34 crore from the South Central Railway, Dilip Buildcon has emerged as the lowest bidder for a…
While JSW Steel has announced plans to develop a coking coal mine in Mozambique, Jindal Stainless has flagged fuel availability constraints impacting plant operations. Meanwhile, Hindalco has clarified that its aluminium extrusions operations have not been halted following a recent…
Sensex Today | Stock Market LIVE Updates: After the second instance of a 1,000-point loss in three sessions in March, the Nifty bulls would seek some relief at lower levels, as the index is nearing a key technical level. The…
Central Mine Planning and Design Institute Ltd (CMPDI), a consultancy arm of Coal India, will have a post-listing market capitalisation of ₹12,280.8 crore at the upper end of the price band.
Asian markets were cautious as Gulf hostilities kept oil prices high. The Trump administration plans a coalition to escort ships through the Strait of Hormuz.