Metal Sector

Not an era of index investing, 2023 all about stock picking: Nimesh Shah, ICICI Prudential AMC

Shah says that the whole of 2023 will be a year of investing, and not harvesting, to make money over the next five years.

What is driving the commodities rally?

Metal stocks have rallied 20-60% in 2021, should you put in fresh money?

The Nifty metal index has gained 37 percent in 2021 compared to a 6 percent rise in the year-ago period, data shows. It has been responsible for supporting the Nifty50 to a great extent, say experts.

Lupin, Bharti Airtel & IGL can give up to 9% return each in near term: Gaurav Ratnaparkhi of Sharekhan

Traders and investors need to have exposure in the metal stocks but they should wait for a fresh setup to make an entry, says Ratnaparkhi.

Coronavirus woes hit metal stocks, but Tata Steel & JSW Steel may ride the storm

Ambit has initiated a buy call on Tata Steel with a target of Rs 550 which translates into an upside of over 40 percent from March 3 closing level of Rs 387 on the BSE.

After a vertical sell-off, these 3 metal stocks are exhibiting bullish strength

Fundamentally, economic cycles are confirming that the index is bottoming up, and In the coming few months we could see a further upside of 10 percent over the previous close.

Metal index about to turn oversold, JSW Steel, Tata Steel, Hindalco top buys

The metal sector is about to turn oversold and we could see beginning of value buying or contra buying at the current or little lower levels.

Here's what Hongmei Li makes of the metal sector

Watch the interview of Hongmei Li, Sr Editor- Metal & Steel News at S&P Global Platts with Manisha Gupta on CNBC-TV18. She spoke about the metal sector and the road ahead for the metal space.

Here's what Hongmei Li makes of the metal sector

In an interview to CNBC-TV18‘s Manisha Gupta, Hongmei Li, Senior Editor - Steel & Metals News at Platts gave her views on the metal sector and the outlook going forward.

Investment cycle giving showing of recovery: StanChart

According to the global financial services major, an investment recovery seems to have begun as investment remained on an upward trend in the first quarter of this fiscal year.

Why JM Fin, Macquarie differ on Nifty's next move

Overall market set-up continues to remain very weak, so there is high chance of the Nifty breaching 5,700 level soon, cautioned Gautam Shah of JM Financial. On the other hand, Rakesh Arora of Macquarie Capital doesn‘t see the Nifty correcting beyond 4-5 percent from here on.

Steel shines, non-ferrous metals continue to fall: Emkay

Emkay Global Financial Services has come out with its report on metal sector. The research firm believes that, steel prices should not see any sharp fall from here on. However, zinc, base metals prices would be vulnerable going forward.

Buy Tata Steel; hold SAIL, JSW Steel: ICICIdirect.com

ICICIdirect.com has come out with its report on metal space. The research firm has maintained a 'Buy' rating on Tata Steel with a revised target price of Rs 321 however, maintained a 'Hold' rating on SAIL and JSW Steel with a revised target prices of Rs 52 and Rs 640, respectively.

NMDC, Hind Zinc, Tata Steel top picks in metals: Angel

Angel Broking has come out with its report on metal sector. According to the research firm, prices are expected to improve in FY2015 as announced production cuts restore demand-supply mismatch in the industry. Top picks in the sector are NMDC, Hindustan Zinc and Tata Steel, Angel added.

NMDC, Hind Zinc, Tata Steel top picks in metal space: Angel

Angel Broking has come out with its report on metal sector. According to the research firm, iron ore prices are expected to decline as significant newer capacities by global iron ore giants such as BHP Billiton, Rio Tinto and Vale hit the sea-borne markets.

Metal: Sentiment driven by China says Emkay

Emkay Global Financial Services has come out with its report on metal sector. The research firm believes that metals prices to remain relatively stable in the near term and would broadly depend on the Chinese economic recovery.

Metal sector likely to remain volatile: Emkay

Emkay Global Financial Services has come out with its report on metal sector. According to the research firm metal sector as a whole to remain volatile with subdued sentiment likely to prevail in steel.

Tata Steel, NMDC top picks in metal space: Angel Broking

Angel Broking has come out with its report on metal sector. The research firm says in 1QFY2013, among the steel companies, Tata Steel reported a 23.1% fall in operating profits due to higher labor and power costs. SAIL reported a healthy 15.1% increase in operating performance due to lower raw material costs.