Nifty Metal ends nearly 3% lower; Hindalco, Jindal Steel, Tata Steel major laggards

<ul><li>Analysts believe that the metals were weak today on the back of huge sell-off in commodities in the US markets in the previous trading session.</li></ul>

Indian metal stocks underperform global peers; Tata Steel, Hindalco top picks: Jefferies

<ul><li>The brokerage firm has reported that stocks from its coverage universe, such as Tata Steel Ltd, Hindalco Ltd, and JSW Steel Ltd, have lost 5% to 14% in the current year so far, as compared to a fall in the Nifty50 by 2% in the same period.</li></ul>

Tata Steel: Four key reasons why Kotak Institutional Equities upgraded the stock to 'buy'

<ul><li>It has upgraded the stock to 'buy' from 'reduce' citing attractive risk reward, and has also revised the fair value to ₹130, up 13%.</li></ul>

Tata Steel Stock Check: Should you buy, sell or hold? Here's what 4 fundamental and technical analysts say

Tata Steel stock rallied on the possibility of an uptick in the Chinese economy, but currently, the stock appears to be in a consolidation mode.

Nifty Metal index down nearly 15% in 2023 so far; over 50% stocks in the red

For the October-December quarter of FY23, major steel companies posted a fall in net profit, owing to higher energy costs and slowing demand. For the December ending quarter, steel major Tata Steel reported a consolidated net loss of ₹2,501 crore on the back of higher expenses. Along similar lines, Jindal Steel &amp; Power reported a 72% YoY fall in net profit to ₹518 crore in Q3FY23.

Positive environment for steel stocks; 'Overweight' on Tata Steel and SAIL: JP Morgan

<ul><li>JP Morgan remains 'Overweight' on Tata Steel Ltd and Steel Authority of India Ltd and sees the lower institutional ownership as an additional positive for stock prices.</li></ul>

Tata Steel vs JSW Steel: Which one is better for long-term investment?

Steel stocks have remained resilient in the recent market correction and exhibited strength post the Union Budget. Tata Steel and JSW Steel are two major steel companies in our country, but let's find out which is a better long-term investment.

Tata Steel slips over 3% on Tuesday's trade following weak Q3FY23 numbers

<ul><li>Tata Steel Ltd shares fell over 3% on Tuesday after the company reported a consolidated net loss of ₹2,501.95 crore in the quarter ended December. According to analyst, the stock is likely to see a neutral to negative opening reaction on today's trading session. ₹111 is the support while ₹118 is the immediate resistance.</li></ul>

Tata Steel is ICICI Direct's top gladiator pick; here's why

The brokerage has recommended buying range of ₹120-124 for the stock with a target of ₹136 (upside 10 percent) and a stop loss of ₹116. The time duration is 3 months.

Nifty Metal index records fresh 52-week high as Jefferies changes stance to ‘positive’

<ul><li>Jefferies has changed its stance on Indian metal companies from ‘cautious’ to ‘positive’ after almost a year.</li></ul>

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Nifty Metal ends nearly 3% lower; Hindalco, Jindal Steel, Tata Steel major laggards

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