Realisations for Indian aluminium manufacturers may be affected since huge exports from China could disrupt prices.
Copper resumes gains as supply risks, China demand & push for green energy buoy outlook for the red metal. We bring you a list of factors fuelling the uptick.
Nirmal Bang has come out with its fundamental outlook on base metals. According to the research firm, industrial metals prices are trading little changed on international bourses. One can expect metals prices to trade firm on account of bargain hunting at lower levels, says the research firm.
The Vedanta Resources group chairman, Anil Agarwal expects the Finance Minister to provide extra impetus to key resources such as coal, iron ore, oil and gas in the upcoming budget
Geojit Comtrade has come out with its report on MCX Gold, Silver, Crude Oil, Natural Gas, Copper, Nickel, Lead, Zinc and Alluminium. The research firm says one can Sell MCX Silver around Rs 62600 levels with a stoploss placed above Rs 63300 for targets of 61600 levels.