The profit pool in India’s steel industry should incrementally move towards miners (iron ore/coking coal) from ‘converters’ as steel capacity addition picks up pace, said CLSA.
Crude-sensitive stocks such as IndiGo, BPCL, HPCL and Indian Oil rallied up to 4% as oil prices declined for a second consecutive session amid US-Iran
On Tuesday, the Indian stock market edged higher, with the Sensex surging nearly 730 points and the Nifty 50 climbing over 190 points. This resurgence
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