Share market update: Metal shares shine; JSW Steel gains 3%
The Nifty Metal index was trading 1.82 per cent up at 2690.3 .
Buy Tata Steel, price target Rs 470: Kunal Bothra
The analyst suggested a stoploss at Rs 439 .
Buy Steel Authority of India, price target Rs 49.5: Kunal Bothra
The analyst suggested a stoploss at Rs 45.5 .
US-China deal impact on metals undone by coronavirus scare: Siddhartha Khemka
Siddhartha Khemka, Head of Retail Research, MOSL, says if the coronavirus issue impacts the economy even for one quarter, we could see some more selling pressure in metal counters.
KEI Industries raises Rs 500 crore via QIP
The issue was of Rs 400 crore with a green shoe option of another Rs 100 crore.
There are big bearish factors on the horizon for oil industry: Vandana Hari
Plateauing of the infections and casualties of coronavirus might be a turning point for the oil markets, says Vandana Hari,, in an interview...
India’s crude steel production went up by 1.8 per cent in 2019
Within Asia, India and China were the two countries which posted improvement in steel output during the calendar year 2019. China’s crude steel production in 2019 reached 996.3 mt, up by 8.3 per cent over 2018.
Share market update: Cummins India, PTC Industries among top gainers on BSE
Among the 50 components in the Nifty index, 46 shares were trading in the green, while 4 were in the red.
Sell Jindal Steel & Power, price target Rs 160: Arun Kumar
The analyst suggested a stoploss at Rs 188.
Stocks in the news: HDFC, Dr Reddy's Labs, ICICI Bank, JSW Steel and Cipla
DCB Bank reported an increase of 12.31 per cent in its net profit at Rs 96.70 crore for December quarter.
'BUY' or 'SELL' ideas from experts for Wednesday, 29 January, 2020
Bharti Airtel is a 'Buy' call with a target price of Rs 506 and a stop loss of Rs 484.
Higher local demand may hurt steel exports in FY21
Exports of finished steel during the April-December period of the ongoing fiscal year increased marginally to 6.5 million tonnes from 6.36 mt in the same period last year, according to provisional figures released by the Joint Plant Committee, an authoritative and independent source of information about the Indian iron and steel industry.
Travel Inc's Budget wishlist: Boost homestays, better road connectivity, enable cruising sector
Easy and accessible e-visa policies will attract more foreign tourists.
Brazil's Taurus signs deal with steel group Jindal to produce guns in India
Under the agreement, Jindal will hold a 51% stake in the venture and Taurus the remaining shares, the Brazilian company said. The deal was signed during Brazilian President Jair Bolsonaro's visit to India. Bolsonaro, who was elected in January 2019, has long advocated broadening gun laws to fight crime.
Green shoots showing in steel, cement & infrastructure: N Jayakumar
The worst has played out, and the market seems to have bottomed out in July-August, says N Jayakumar, Managing Director of Prime Securities,...
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