Nifty Metal Index: Metal stocks rally on China’s realty stimulus, LME gains

Nifty Metal Index: Metal stocks rally on China’s realty stimulus, LME gains

Mumbai: Metal stocks were the top gainers in Tuesday’s trading as China’s new package to rescue its floundering property market boosted sentiment in the sector. The Nifty Metal Index soared 3.9%, while the benchmark Nifty gained 0.1% on Tuesday. Hindustan Zinc surged 20%, followed by Vedanta which gained 7.04%. Jindal Steel and Power and Hindalco … Read more