Metal shares experienced a significant decline on Friday, with the Nifty Metal index dropping 6.6%. Concerns about a potential global trade slowdown due to US tariffs on Indian imports and other countries diverting exports to India were the main reasons. Experts advise caution in the sector until the situation becomes clearer, with domestic-focused companies potentially better positioned.
Fund managers stay selective despite June market surge
Despite market gains in June, fund managers adopted a cautious approach, selectively deploying capital. They favored financial institutions like L&T Finance and AU Small Finance
July 16, 2025