Metal prices

September Rally: Nifty 50, Sensex gain over 2.3% amid robust FPI inflows; metal stocks sizzle

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September Rally: Nifty 50, Sensex gain over 2.3% amid robust FPI inflows; metal stocks sizzle

In September, Indian markets enjoyed a series of record highs, but on the final trading day of the month, investors opted for profit booking, leading to a sharp correction. Both the Nifty 50 and the Sensex fell by over 1.4% today, marking their steepest intraday decline in two months. Despite this downturn, both indices ended … Read more

Nifty Metal plunges 3% amid weak US and China manufacturing data; JSW Steel, Tata Steel lead decline

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Nifty Metal plunges 3% amid weak US and China manufacturing data; JSW Steel, Tata Steel lead decline

After a record-breaking performance in the previous trading session, Indian market struggled to maintain those gains today, with frontline indices losing over 1%. This decline was influenced by a sell-off in global peers, driven by weak US manufacturing and labor market data that reignited recessionary fears. Sector-wise, the metal sector was the hardest hit, with … Read more