metal sector

Market rotation signals steady growth ahead; financials and PSUs lead the charge: Rohit Srivastava

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Market rotation signals steady growth ahead; financials and PSUs lead the charge: Rohit Srivastava

Rohit Srivastava, Founder, Strike Money Analytics & Indiacharts, says the market is experiencing rotation with different stocks attracting buying interest, ensuring upward movement after consolidation. Financials, particularly NBFCs, are leading the rally due to favorable interest rate cycles and low valuations. PSU stocks, after a correction, are building a base and offer low-value picks, while … Read more

4 metal stocks Dharmesh Shah is bullish on for near term

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4 metal stocks Dharmesh Shah is bullish on for near term

“We believe 51,400 to 51,000 should be the strong support for Bank Nifty and we should see a gradual recovery for Bank Nifty too. So, banking, metals, power space as a whole looks positive from the current levels,” says Dharmesh Shah, ICICI Direct.Any sector-specific moves that you are seeing? Any sectors that you are liking … Read more

Vedanta shares surge 3% to hit 52-week high. Here’s why

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Vedanta shares surge 3% to hit 52-week high. Here’s why

Shares of Vedanta continued their upward momentum on Friday, surging by 3% to reach Rs 515.8, following the announcement of the company’s upcoming board meeting to discuss the fourth interim dividend for the financial year 2024-25. The gains were also supported by positive sentiments in the overall metal sector after China pledged fiscal policy measures … Read more