Metal stocks rise up to 17% after 5 monthly declines. But trend sustainability will have to pass through Trump tariff test

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.

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