One obviously is the Trump presidency. He is the most unpredictable man and leading a $30 trillion economy, the world’s most powerful country, adds a significant bit to the uncertainty. Secondly, the US fiscal and monetary policy would also be a key driver of volatility in the markets. Currently, if you see, US is running a 6.5% fiscal deficit.
Hindustan Zinc shares can rally to Rs 660, says Jefferies after initiating with Buy. Here’s why
Hindustan Zinc share price surged after Jefferies initiated coverage with a ‘Buy’ rating, targeting Rs 660. Record silver prices and strong cost efficiency are driving