Eternal, Swiggy up over 5% on huge volume; what’s driving platform stocks?

Thus far in July 2026, the market price of Eternal and Swiggy outperformed the market, gaining 12 per cent and 11 per cent, respectively.   Eternal, Swiggy shares price movement   Shares of food delivery (FD) and quick commerce (QC) platform companies Eternal (Zomato) and Swiggy rallied up to 6 per cent on the BSE…

Hindalco sees steady Novelis earnings, strong domestic demand in 2027

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…

China steel output slows while India emerges as key growth market: Goldman Sachs report

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…