Metal stocks in focus
DSIJ Intelligence / 04 Oct 2016
Metal stocks seems to have got their mojo back in today’s trading session, courtesy news flows related to this space.
Metal stocks seems to have got their mojo back in today’s trading session, courtesy news flows related to this space.
Below are the stocks making news in today’s session:
Hindustan Zinc: After having a stupendous run in the previous trading session, the stock took a breather in today’s trade. Stock has surged by more than 10 per cent in the last five trading days.
BALCO: In another development, according to reports government is working on share buyback and special dividend and also stake sale process will kick start soon.
Hindalco & NALCO: Government is likely to decide on increasing the minimum import price on aluminium.
Reacting to the news both the stocks were trading with gains of more than 2 per cent.
Vedanta and Tata Steel were also gainers in trade joining the rally seen in the metal stocks today.
This was also reflective of the broad metal index as S&P BSE Metal Index was trading with gains of more than 1 per cent.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.