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Copper struck $11,000 per metric ton on Thursday, a milestone not seen for 16 months as investors piled into the metal after a series of disruptions to mine supply led to fears of shortages, while aluminium hit a more than three-year peak.
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Nifty resumed gains on Thursday, led by IT, metal and pharma stocks, with analysts maintaining a bullish near-term view. Technical experts recommend buying Astra Microwave, LTI Mindtree, Aurobindo Pharma, Lloyds Metals and Inox Wind for potential upside.
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The steep rally in Wall Street stocks is sparking worries among investors of a bubble forming, which could lead to a significant correction.
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