Amnish Aggarwal of Prabhudas Lilladher notes that metal stocks have rallied due to raw material price benefits, not volume growth. While safeguard duties offer price support, future returns may be moderate. MNC stake dilutions in Indian ventures are driven by valuation differences and commitment levels, with reductions below 51% potentially signaling reduced interest.
Sensex slumps 583 pts, Nifty below 24,000; 7 key triggers
Indian stock markets experienced a significant downturn on Thursday, with Sensex and Nifty both falling over 0.7%. This decline was driven by soaring oil prices,