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Market move● Neutral for NALCO
Nifty Metal slips 5% in September post 29% 1 yr rally, October comeback ahead? Hindustan Zinc, NMDC, NALCO may shine
The brief
- Nifty Metal fell nearly 5% in the past month after a 29% one-year rally
- Experts suggested October may bring a comeback; NALCO and Vedanta had notable declines
- Metal-stock volatility affects NALCO, Hindustan Zinc, Vedanta and NMDC investors