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Quick Wrap: Nifty Metal Index rises 4.73%

Nifty Metal index closed up 4.73% at 5335.85 today. The index is up 23.00% over last one month. Among the constituents, National Aluminium Company Ltd added 10.87%, NMDC Ltd rose 8.42% and Steel Authority of India Ltd jumped 7.93%. The Nifty Metal index is up 215.00% over last one year compared to the 61.14% surge in benchmark Nifty 50 index. In other indices, Nifty Commodities index added 1.92% and Nifty PSE index increased 1.53% on the day. In broad markets, the Nifty 50 increased 0.67% to c...
National Aluminium Company Ltd Steel Authority Of India Ltd Nifty Metal Steel Authority India Ltd Nifty Commodities

Quick Wrap: Nifty Metal Index gains 4.53%

Nifty Metal index closed up 4.53% at 4855.3 today. The index has gained 23.00% over last one month. Among the constituents, JSW Steel Ltd added 9.64%, Steel Authority of India Ltd jumped 8.70% and Tata Steel Ltd gained 6.17%. The Nifty Metal index has soared 182.00% over last one year compared to the 55.91% increase in benchmark Nifty 50 index. In other indices, Nifty Commodities index gained 1.78% and Nifty PSU Bank index has dropped 1.14% on the day. In broad markets, the Nifty 50 recorded a...
Steel Ltd Steel Authority Of India Ltd Tata Steel Ltd Nifty Metal Steel Authority India Ltd

Dalal Street week ahead: Commodities, metals, select midcaps look well poised

Dalal Street week ahead: Commodities, metals, select midcaps look well poised SECTIONS Share Synopsis The coming week will be a truncated one, with Wednesday being a trading holiday on account of Dr Babasaheb Ambedkar Jayanti. Given the current technical setup, Nifty continues to walk the double-edged sword just like the week before his one. Getty Images Related Moving in a trading range that was wider than the previous week, Indian equities did not make any directional headway over the past fi...
Baba Saheb Ambedkar Jayanti Nifty Energy Index Nifty Financial Services Nifty Services Nifty Bank Nifty Realty Indices

Quick Wrap: Nifty Metal Index gains 3.92%

Nifty Metal index ended up 3.92% at 4494.95 today. The index has gained 18.00% over last one month. Among the constituents, JSW Steel Ltd rose 9.21%, Jindal Steel & Power Ltd jumped 6.91% and Steel Authority of India Ltd gained 6.46%. The Nifty Metal index has soared 177.00% over last one year compared to the 70.01% increase in benchmark Nifty 50 index. In other indices, Nifty Commodities index gained 1.97% and Nifty IT index gained 1.18% on the day. In broad markets, the Nifty 50 increased 0....
Steel Ltd Steel Authority Of India Ltd Jindal Steel Power Ltd Nifty Metal Jindal Steel Power Ltd

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Nifty 50: Dalal Street week ahead: Nifty50 is now over-extended, may slip into consolidation

Although domestic stocks logged gains on a weekly basis, they showed the first signs of an impending broad consolidation, as the market spent much of the past three days correcting from higher levels. The market was buoyant at the start of the week. But after marking the weekly high at 14,653, Nifty continued to witness bouts of profit booking at higher levels subsequently. The trading range did not expand much on either side, but volatility surges. Despite five days of volatile trading, the he...
Nifty Energy Index Nifty Financial Services Indices Nifty Realty Nifty Bank Bank Index Nifty Services Sector

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