Metal Sector Weekly Report – 13.11.2017 To 17.11.2017
Metal Sector Weekly Report – 13.11.2017 To 17.11.2017
Stocks of most metal and mining companies are seen positive next week, after having ended this week with losses due to weakness in the broader market. We expect the Nifty 50 and the
Sensex to recoup some of their lost ground next week, and stocks of metal producers are likely to outperform the benchmark indices. With most companies having already detailed their earnings for
Jul-Sep, the movement in stocks of metal companies will be determined by data from China, and the movement in base metal prices.
Stock of Hindustan Copper which gained last week, are expected to sustain their positive momentum in the week ahead, even if the pace of gains slows. Talk of the company's strong fundamentals
and a robust outlook helped its shares hit an over three-year high during the week. Another key
trigger for metal producers would be the winter shutdowns for aluminium capacities, and shutting of
some illegal capacities.
Source : Cogencis Information Services Ltd.
Equity Cash/Futures/Options Segment
Register for Daily Rs 2000/- Profit in Stock Options
Click Here : Free Nifty Intraday Chart Live
Today Nifty Stocks Support and Resistance Level
Today Free Nifty Option Tips
Today Free Banknifty Option Tips
Today Free Stock Option Tips
This Week - Weekly Sector Report
Live Hourly Stock and Nifty Trend
Click Here : Free Nifty Intraday Chart Live
Today Nifty Stocks Support and Resistance Level
Today Free Nifty Option Tips
Today Free Banknifty Option Tips
Today Free Stock Option Tips
This Week - Weekly Sector Report
Live Hourly Stock and Nifty Trend
Metal Sector Weekly Report – 13.11.2017 To 17.11.2017
Stocks of most metal and mining companies are seen positive next week, after having ended this week with losses due to weakness in the broader market. We expect the Nifty 50 and the
Sensex to recoup some of their lost ground next week, and stocks of metal producers are likely to outperform the benchmark indices. With most companies having already detailed their earnings for
Jul-Sep, the movement in stocks of metal companies will be determined by data from China, and the movement in base metal prices.
Stock of Hindustan Copper which gained last week, are expected to sustain their positive momentum in the week ahead, even if the pace of gains slows. Talk of the company's strong fundamentals
and a robust outlook helped its shares hit an over three-year high during the week. Another key
trigger for metal producers would be the winter shutdowns for aluminium capacities, and shutting of
some illegal capacities.
Source : Cogencis Information Services Ltd.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
