Copper prices surged to a record high above $13,000 a ton, driven by supply concerns stemming from a strike at a Chilean mine and dwindling warehouse stocks. Forecasts predict significant deficits in refined copper supply through 2027, further fueling the price rally. Other base metals also saw gains amid potential shortages.
Concerns settled, share buybacks could flow via exchanges again
Sebi is proposing to bring back share buybacks via stock exchanges. This reverses a decision made a year ago. New tax rules have resolved earlier