In the past year, the Indian benchmark indices, BSE Sensex and Nifty 50, have demonstrated impressive resilience, registering gains of around 25 per cent each. This resurgence has reinstated investor confidence, which had previously waned. The notable upswing can be attributed to strong rallies across various sectors, with metal stocks emerging as prominent frontrunners. Investors were attracted to robust uptrends in metal stocks, driven by growing optimism surrounding the industry.
Acknowledging the production and consumption of steel and other metals as indicators of economic progress and industrial development, the government is prioritising infrastructural development. The government has also recognised the metal industry's potential to significantly impact GDP growth. The synergy between infrastructural development and metals has become increasingly evident in recent times.
As infrastructure projects continue to expand, there is a corresponding surge in demand for metals such as steel, copper and aluminium. These materials serve as essential components in construction, transportation and utilities, thus driving growth in the metals industry. Let's explore the future prospects of the metals' industry by examining insights into the financial performance of industry leaders, government initiatives, growth drivers, and risk factors.
Performance of Industry Leaders
Diese Geschichte stammt aus der March 11, 2024-Ausgabe von Dalal Street Investment Journal.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der March 11, 2024-Ausgabe von Dalal Street Investment Journal.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
All That Shines is Gold & Silver
Precious metals gold and silver hold a special place when it comes to the investment journey of Indians. They help diversify investment risks and provide a hedge against market volatility, making them an essential component of a well-rounded investment strategy. Vaishnavi Chauhan explores the impact of precious metals on your portfolio.
All You Wanted To Know About SIP
Is rupee cost averaging effective across all market phases, including uptrends, consolidations and downtrends? You probably might not have observed its performance in each phase or may have exited investments upon seeing negative returns. Rakesh Deshmukh takes a closer look at the scenario
When Is The Right Time To Sell Mutual Funds?
Imagine this scenario: You have diligently crafted your mutual fund portfolio, aligning each investment with your financial objectives and risk tolerance. All seems well until one day the market takes a steep dive, injecting uncertainty into your investment journey.
Middle East Tension Disrupt Global Equities
In the past fortnight, global stock markets experienced a rollercoaster ride, due to continued inflation concerns and escalating tensions in the Middle East. This confluence of events triggered a flight to safety, pushing investors towards safety assets
Gold and Oil Stay Solid Amid Escalating Geopolitical Issue
A boom in select commodities has threatened the central banks' inflation fight and interest rate cuts and now the gloves are coming off for them as they try to tame inflation
India - A Cure For Pharma Outsourcing Woes?
Eroom's Law, the grim corollary to Moore's Law, paints a concerning picture for the pharmaceutical industry.
Infrastructure Sector Is It Reaching For The Skies?
With the upcoming Lok Sabha elections looming, many of us may be feeling the urge to invest in infrastructure stocks, hoping for a favourable impact on investments if a strong political mandate ensues. Mandar Wagh delves into the government's emphasis on infrastructural development, future growth triggers and the critical factor of fundamentals that must be taken into consideration before investing
STABILITY ROCKED BY COMPETITION
While the company’s product portfolio and availability through various retail channels is undoubtedly impressive, the increasing competition posed by start-ups in the organised sector and the tendency of young consumers to try out various brands instead of displaying single brand loyalty is an issue of concern when it comes to future growth prospects
Launches A Wide Range Of Air-Conditioners
A leading name in the consumer electronics industry known for its innovative and cutting-edge technology, Cellecor Gadgets Limited is now stepping into the domain of air-conditioners, all set to make them available across India starting this month
Domestic Markets Spin Into A Higher Orbit
The domestic market experienced a period of volatile trading sessions over the last two weeks, predominantly characterised by upward momentum. According to data released by the Ministry of Commerce and Industry, the index of eight core industries for February 2024 showed a growth of 6.7 per cent, an increase from 4.1 per cent in January 2024.
