Hindalco expects high double-digit growth in domestic aluminium downstream business in FY27, driven by ramp-up at its new rolling facility, Aditya FRP, and expansion into higher-value products Hindalco Industries expects unit Novelis to deliver earnings of about $500 per tonne in fiscal 2027 and sees strong demand across its Indian aluminium and copper businesses, a…
Goldman Sachs projected relatively stable steel prices across major global markets through the remainder of 2026, with US steel prices expected to remain stronger than those in Europe, China and Brazil. Global steel prices continued to climb across major markets in April and early May, with Brazil emerging as the strongest-performing region, even as China’s…
The weekly options data also suggested that 24,000, where the maximum Put open interest is placed, is expected to be a key support in the short term, while 25,000, which has the maximum Call open interest, is likely to be a crucial hurdle on the higher side. This means the index may possibly trade in…