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VERIFIEDMint Markets·negative
Hindalco, NALCO to Vedanta Aluminium: Aluminium stocks slide up to 6%. Here's why
AI Summary
- ·Aluminium stocks including Hindalco and NALCO saw declines of up to 6% due to falling base metal prices.
- ·Axis Securities has maintained BUY ratings for Hindalco and NALCO.
- ·Analysts predict aluminium prices will trade between $3,000 and $3,800 per tonne in the near term.