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VERIFIEDET Stocks·positive
Hindalco, Nalco shares jump up to 5% after aluminium prices hit 4-year high. Where is metal headed?
AI Summary
- ·Hindalco and Nalco shares saw an increase of up to 5% following a four-year high in aluminium prices.
- ·Geopolitical tensions in Iran and potential production curbs in China are contributing to the price rally.
- ·Concerns over China's energy consumption and emissions review are tightening global supply, benefiting Indian producers.