Asian stocks remained steady on Monday as investors awaited central bank meetings expected to result in two more rate cuts and key U.S. inflation data. Thin trading was observed due to a holiday in Japan. The S&P 500 futures and Nasdaq futures showed slight gains, reflecting optimism about further easing measures.
Vedanta Power, Oil & Gas, and Iron shares rally up to 5%; Aluminium sheds 3%. Should you buy, sell or hold?
Vedanta’s newly demerged entities extended their rally, with Oil & Gas, Power and Iron & Steel hitting upper circuits, while Aluminium slipped despite Citi’s bullish