NALCO shares hit a record high after gaining 12% in four sessions, supported by a sharp rise in global aluminium prices and tightening supply conditions. Strong demand from construction, renewables and EV sectors, along with the company’s improving earnings and expansion plans, further boosted investor sentiment.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj