Performance of India steel manufacturing industries & resistance in crude markets during COVID-19
Video description:
Metal stocks in the current market have not only noticed a recovery rate but also a growth rate in the COVID market. Large-cap names like Tata Steels has noticed a poised stock market. When the metal rally in the month of March and April, Hindalco Industries is one of the large-cap names that led the rally from the front. Markets tend to give more premium to leaders of the sectors in any particular trend. It is expected for Hindalco Industries to do fairly well in the market. Jindal Steel on the other hand has a mid-cap name, it is towards a more risk appetite side. Hindustan Zinc is also doing fairly well in the market. Crude industry on the other hand is going through a reversal or a short term correction plan. Crude industries have also noticed a huge correction for a time during this time. The crude industry has noticed an extremely tough resistance zone. Watch the video to know more! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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