Bullish on both ferrous and non-ferrous metals, anticipating far greater earnings predictability than in the past. Steel benefits from strong domestic demand and import protection, while aluminium faces a structural supply deficit over the medium term. Post-COVID balance sheet deleveraging and internal funding of capital expenditure further reduce risk in the sector.
Nifty MetalBullishCalled 10 Apr 2026Graded 19 Jul 2026
Verdict:HIT

Nifty Metal rose from ₹12356.40 to ₹12926.40, a gain of 4.61% in 30 days.

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