Indian metal stocks saw a significant rise today. Aluminium manufacturers led the gains. The closure of the Strait of Hormuz due to the West Asia conflict is impacting supply chains. This is expected to push up metal prices. National Aluminium Co, Hindalco, and other metal companies registered strong gains. The Nifty Metal Index outperformed the broader market.
Oil price down more than 2% in early Asian trade
Oil prices fell more than two percent in early Asian trade after strong gains in recent days on the back of the conflict in the