Metal stocks have surged up to 17% in a month, outperforming Nifty, driven by a weaker dollar and Chinese stimulus. However, US tariffs on steel and aluminum pose risks. Analysts remain optimistic about India’s metal sector, citing strong domestic demand, China’s recovery, and potential safeguard duties. Technical indicators signal a buy-on-dips approach.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of
December 7, 2025