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

indian stock market: Market wrap: Property wins big, Adani lags in stellar year for Indian stocks

indian stock market: Market wrap: Property wins big, Adani lags in stellar year for Indian stocks

Indian equities are set to end the year with a record winning streak, with the drivers of the rally transcending the nation’s largest companies. Robust economic growth, an infrastructure push and a pause in interest-rate increases have helped propel its equity market to successive highs. Stocks related to real estate, industrials and capital goods are … Read more