Since the Russian invasion of Ukraine, aluminium has lost its steam shedding prices to a one-and-a-half-year low. Prices on the benchmark London Metal Exchange has corrected to more than 48 per cent from its all-time high tested in March. Similar moves were witnessed in Shanghai and the MCX futures.
Valuations turn attractive as markets look beyond uncertainty: A Balasubramanian
Amidst geopolitical uncertainty, market expert A Balasubramanian suggests the worst may be nearing an end, with improving macro signals and reasonable valuations in Indian equities.