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Tata Steel, JSW Steel, Jindal Steel, Lloyds Metals remain Nomura's top picks despite rebar price slump
Despite the correction, India's HRC spot margin stood at around Rs 34,285 per tonne in June, remaining "well above the median margin level observed over the past two years."
Tata Steel, JSW Steel in red today, but Nomura still sees upside. Here's why
Tata Steel was trading at Rs 189.20, down 0.31%, while JSW Steel slipped 0.44% to Rs 1,240.90 in morning trade.
Stocks to Watch Today: Hindustan Aeronautics, JSW Cement, Affle, Lupin, Greenlam, Greenply, Tata Motors, Natco Pharma, Reva Diamonds in focus on 4 March
Stocks to Watch, 4 March: Stocks like Hindustan Aeronautics, Dabur India, JSW Cement, Affle 3i, Lupin, HDB Financial Services, Mahindra and Mahindra, Greenlam Indusries, Reva Diamonds, Greenply Industries, Cipla, Capri Global Capital, Tata Motors, and Shalby will be in focus on March 4./
Sensex Today | Stock Market Live: GIFT Nifty hints a positive opening; TCS, Tata Steel, JSW Energy, NALCO in focus
Sensex Today | Stock Market LIVE Updates: Stocks like Tata Steel, Tata Consultancy Services, State Bank of India, Phoenix Mills, SML Mahindra, JSW Energy, Graphite India, National Aluminium Company, NLC India, TVS Motor Company, Iware Supplychain Services, and Capri Global Capital will be in focus on July 9.
Closing Bell: Sensex crashes 1,123 pts, Nifty below 24,500 as US-Iran tensions intensify
Except IT, all other sectoral indices ended in the red, with Infra, PSU Bank, Realty, Media, Oil & gas, Auto, Metal down 2-4%. Nifty Midcap and smallcap indices down 2% each. Tata Steel, Tata Motors Passenger Vehicles, SBI Life Insurance, L&T, JSW Steel were among major losers on the Nifty, while gainers included Coal India, Bharti Airtel, Infosys, Tech Mahindra.
Tata Steel, JSW Steel among top Nifty losers; metal index tumbles over 4% as US-Iran war stokes fears
The broader sell-off in metal stocks came even as aluminium prices surged globally amid supply disruption concerns linked to the escalating Iran conflict. Aluminium on the London Metal Exchange rose after Qatar-based producer Qatalum halted production.
Stocks to Watch Today: TCS, NTPC, Shanthi Gears, Gillette, Bharti Airtel, Shree Ram Twistex, IndiQube Spaces, Tata Elxsi in focus on 20 March
Stocks to Watch, 20 March: Stocks like Shree Ram Twistex, Tata Consultancy Services, IndiQube Spaces, NTPC, Samvardhana Motherson International, Shanthi Gears, JSW Cement, Archean Chemical Industries, Tata Elxsi, Nestle India, and Gillette India will be in focus on March 20.
Stocks to Watch Today: JSW Steel, Tata Motors PV, Adani Enterprises, SEPC, Muthoot Finance, GE Shipping, Welspun Enterprises, Sheela Foam, Voltas in focus on 15 May
Stocks to Watch, 15 May: Stocks like HCL Technologies, SEPC, Adani Enterprises, Zaggle Prepaid Ocean Services, Simca Advertising, Jaro Institute of Technology Management and Research, Voltas, Welspun Enterprises, Great Eastern Shipping Company, Muthoot Finance, Sheela Foam, and JSW Steel will be in focus on May 15.