India is not a major exporter of metals to the US, but any global price shift would surely impact the domestic pricing also. If Chinese producers or the European Union producers divert supplies to other nations, including India, we may see a glut with respect to the oversupply.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Market expert Nischal Maheshwari advises investors to focus on fundamentals amidst market volatility. He notes large-cap growth remains single-digit, banks are poised for margin improvement,