Indian stocks surged on the final trading day of the year, with the Sensex and Nifty rebounding significantly. This rally was primarily driven by a government decision to impose a three-year safeguard duty on select steel imports, boosting metal stocks. Additionally, easing crude oil prices contributed to the positive sentiment by reducing inflationary pressures.Read More
Apollo Micro Systems shares climbed on Wednesday after the defence company announced new orders worth approximately Rs 420 crore. A significant contract from a Coal India subsidiary for bulk explosives was part of the announcement. The company also secured an export order. These wins expand its presence in explosives and defence segments. Earlier, it received a Rs 100.Read More
Copper prices retreat sharply on MCX after a strong 2025 rally, but analysts say supply disruptions, a weaker dollar, and demand expectations continue to support the metal’s broader bullish outlook.Read More
Domestic aluminium prices decline on the MCX amid profit booking despite positive global cues, while analysts remain bullish on the metal due to tightening supply and steady demand outlook into 2026.Read More
The Indian rupee faces its steepest annual fall in three years, driven by record equity outflows and the absence of a US trade deal. The currency’s depreciation reflects external economic strains and a more flexible approach by the RBI. A potential US trade pact could offer temporary respite, but underlying pressures may persist.Read More
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