Why are metal stocks rallying: Explained!

Metal stocks have been on a roll lately. The Nifty Metal index has been up significantly, with gains of over 50%, in the last one year. ETMarkets spoke to Sonam Srivastava, Founder & CEO of Wright Research, to understand the factors behind the rally and more. Edited excerpts: 1. The Nifty Metal index has been … Read more

sebi on vedanta: Sebi issues administrative warning to Vedanta

Mining conglomerate Vedanta has been warned by markets regulator Sebi to strengthen its internal control for corporate announcements and press releases. Vedanta told exchanges that it has received a letter from NSE, annexing a letter issued by Sebi in which an administrative warning has been issued to Vedanta. “The company has been directed to place … Read more