Metal companies gain on optimism ahead of China GDP

Tags: Companies
Shares in metal refiners rise with Hindalco Industries gaining over 3.5 percent on optimism ahead of China GDP data due on Wednesday, several traders say.

China's economy probably steadied in the second quarter with annual growth holding firm at 7.4 percent, a Reuters poll showed.

Tata Steel Ltd is up 1.6 percent, Jindal Steel and Power Ltd gains 1.4 percent and JSW Steel Ltd is up 1.6 percent.

EDITORIAL OF THE DAY

  • Government must consider Sitharaman’s move to revisit Apple’s application for retail

    Commerce and industry minister Nirmala Sitharaman’s decision to revisit the Apple application for waiver of mandatory local sourcing, if taken serio

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Arun Nigavekar

Can Hefa actually become a reality?

The ministry of human resource development (MHRD) is actively wo­rking ...

Zehra Naqvi

Man proved to be a tyrant and a fool

Reading the history of different species is, perhaps, the most ...

Dharmendra Khandal

No one's getting rich overnight by poaching

We often read in newspapers that tiger skin worth Rs ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture