Asian equities experienced their steepest weekly loss in six years as renewed Iranian strikes and the ongoing Middle East conflict drove a broad retreat in risk assets. Oil prices edged lower, though they remain on track for their biggest weekly surge since 2022 amid supply disruption concerns. Markets remain tense as Iran shows no intention of backing down.
Hindustan Zinc, Vedanta, Nalco and other metal stocks slide up to 5%. Here’s why
Metal stocks tumbled up to 5% on Monday, with the Nifty Metal index falling over 2% amid a decline in metal prices and rising expectations