Big movers on D-Street: What should investors do with Vedanta, Hindalco and Piramal Enterprises?

Big movers on D-Street: What should investors do with Vedanta, Hindalco and Piramal Enterprises?

Sensex and Nifty soared to fresh closing record highs on Wednesday, with the 30-share benchmark index crossing the historic 72,000 mark. The Nifty climbed 213 to settle at a record high of 21,654. Stocks that were in focus included names like Vedanta, which fell 3.32%, Hindalco, which jumped 4.25%, and PEL, whose shares gained 1% … Read more

metal stocks rally: Metal stocks extend winning streak to 4th session; what’s attracting the bulls?

metal stocks rally: Metal stocks extend winning streak to 4th session; what’s attracting the bulls?

Metal stocks rallied for the fourth consecutive session on Wednesday, which saw the Nifty Metal index hitting a lifetime high. Rollover of positions to the January derivative series and a reversal in the dollar index are aiding the up move in the stocks in the sector. In four sessions, the Nifty Metal index has gained … Read more