Metal Stocks Outlook For The Week - 03 to 07.12.2018
The Nifty Metal index is likely to rise next week, after having ended lower for four consecutive
weeks. Stocks of most metal and mining companies have ended lower this month, and buying at
lower levels may lead to gains in shares of these companies. The volatility in global steel prices due
to a glut in China will eventually impact prices in the Indian steel market. Most steel-makers will be
in focus as they revise product prices next week.
Source : Cogencis Information Services Ltd.
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The Nifty Metal index is likely to rise next week, after having ended lower for four consecutive
weeks. Stocks of most metal and mining companies have ended lower this month, and buying at
lower levels may lead to gains in shares of these companies. The volatility in global steel prices due
to a glut in China will eventually impact prices in the Indian steel market. Most steel-makers will be
in focus as they revise product prices next week.
Source : Cogencis Information Services Ltd.
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