Are select metals prices indicating China’s economic revival? 5 metal stocks with upside potential of up t

One immediate impact of what the US federal reserve has done by pausing the interest rates is that some amount of risk on trade will be back on the table. This essentially means that new age companies, IT sector stocks and metals would be in focus. Of all the sectors it is metals which probably have more tailwinds not because of anything else but one simple reason, the Chinese economy getting back on track. If one looks at the reaction of the street to the US Fed announcement, it is the nifty metal index which after a gap up opening has performed better than many other indices in the first half of the trading session.

New Delhi [India], January 6 (ANI): Crude oil futures reached a six-session high on January 5, driven by escalating tensions in the Middle East, leading to concerns about potential long-term disruptions to Red Sea vessel traffic. According to S&P Global Commodity Insights (GCI), the decision by A.P. Moller-Maersk, one of the world’s largest shipping lines, […]

By Florence Tan SINGAPORE (Reuters) - Oil prices fell for a second day on Monday as economic headwinds pressured the global oil demand outlook and outweighed geopolitical concerns in the Middle East

While some of the uncertainties which the global equity markets were facing have come down with indication by US fed that interest rates are not likely to inch upward. The valuation risk still remains, it would better to stay focussed on stocks where analyst score have gone up due to one or the other reasons. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

In combination, the three macro-indicators could support already high inflation across many countries by making goods and fuel imports costlier, and disrupt capital flows across the globe, imposing more hardship on debt and current account-stressed countries.

In the last two months, there have been phases where the nifty has witnessed a short correction which lasted for anywhere between two to four days. The only difference is that unlike the past when such correction took place, this time when corrections are taking place mid-cap segment also participated. This is indicative of profit booking happening at the broader market level. At this point of time, one cannot rule out volatility which can bring more damage to stock prices in the mid-cap segment. In such times, if one is taking fresh exposure to equity, ensure that there is some level of quality as far as the business and fundamentals are concerned. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

With stable oil prices and energy costs, the operating matrix of the cement sector is favourable at this point of time. The only headwind would be any sharp and sustainable increase in oil prices. We take a look at what analysts are saying across cement companies. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters.

Like every other industry, home building products like ceramic tiles and laminates witnessed headwinds when commodity prices including natural gas witnessed a sharp rise last year. Despite those pressures on margins, the topline numbers were much better than expected. Now with softening of some of the raw materials, the pressure on margins has come down, while the demand tailwind continues. For this report, we have selected stocks from the latest Stock Reports Plus report dated 20th June 2023 with an analyst count of at least 2 and a minimum average Stock Report Plus score of 5.

For Dalal Street, paints means Asian Paints. However, there is and sooner there will be even more to it.

As the nifty once again forms a new high and crosses some of the psychological barriers. The mood of the markets is clearly bullish, while it might appear that one is trying to spoil the party, by adding words like caution and high valuations at this point of time. The fact remains that it pays to be cautious in terms of selecting stocks when it is a bullish time. So be selective, avoid impulsive investing, and keep reviewing one’s portfolio and stay away from penny stocks especially. We look at stocks which have witnessed a continuous rise in their score in the last one month. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.