The Nifty Metal index was trading 1.92 per cent at 2376.75.
The Nifty Metal index was trading 0.16 per cent up at 2318.
The Nifty Metal index was trading 0.53 per cent up at 2306.8.
As a theme we do not believe in investing in metal stocks for a portfolio of two-year, three-years but you can take a tactical call at certain point of time.
Here is a lowdown on what happened in Wednesday's session.
On the Multi Commodity Exchange, zinc contracts for July delivery traded higher by Rs 2.20, or 1.21 per cent, at Rs 184.10 per kg with a business turnover of 126 lots.
Stocks are not as cheap as in March 2020, but we see pockets of opportunities to invest at fair valuations.’
Gold is still up over $130 in little more than a week as investors wager the Federal Reserve will reaffirm its super-easy policies at a policy meeting this week, and perhaps signal a tolerance for higher inflation in the long run.
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