Market experts advise caution despite a brief equity rebound, citing ongoing global uncertainties and geopolitical tensions. Analysts believe the market has not fully absorbed the impact of recent events, with potential for prolonged volatility and supply-driven inflation. Investors are advised to focus on domestic-oriented sectors like banking, infrastructure, and automobiles, while maintaining a long-term positive outlook on defence stocks.
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