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Macquarie has flagged Tata Steel and Hindalco as beneficiaries of a supportive metals cycle, with Tata Steel identified as the stronger earnings recovery candidate. The call centers on operational leverage and improving market conditions across steel and aluminium. Target prices for both companies have been issued by
India's Sensex jumped 1,274 points and Nifty50 rose 381 points at Monday's open, led by IndiGo and Hindalco, as Iran nuclear talk signals and falling crude oil prices boosted sentiment. Lower crude directly benefits aviation margins and lifts risk appetite for cyclical stocks. The rally's sustainability hinges on crude
Tag
Macquarie has flagged Tata Steel and Hindalco as beneficiaries of a supportive metals cycle, with Tata Steel identified as the stronger earnings recovery candidate. The call centers on operational leverage and improving market conditions across steel and aluminium. Target prices for both companies have been issued by
2mo ago · 1 min · Markets
India's Sensex jumped 1,274 points and Nifty50 rose 381 points at Monday's open, led by IndiGo and Hindalco, as Iran nuclear talk signals and falling crude oil prices boosted sentiment. Lower crude directly benefits aviation margins and lifts risk appetite for cyclical stocks. The rally's sustainability hinges on crude
2mo ago · 1 min · Markets
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