neutral
17 days agoMetals rally while IT and FMCG see early weakness
The BSE Metal index gained 1% on October 24, supported by Hindalco, Tata Steel, and JSW Steel, while IT and FMCG stocks declined around 1%. Broader indices remained steady with the Smallcap and Midcap segments trading flat. Shriram Finance, ICICI Bank, and ONGC gained over 2% each amid rotational buying. Analysts cited sector rotation as investors shifted from defensives to cyclical plays. Market breadth stayed neutral, reflecting cautious participation ahead of key macro and earnings announcements.
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neutral
17 days agoMetals rally while IT and FMCG see early weakness
The BSE Metal index gained 1% on October 24, supported by Hindalco, Tata Steel, and JSW Steel, while IT and FMCG stocks declined around 1%. Broader indices remained steady with the Smallcap and Midcap segments trading flat. Shriram Finance, ICICI Bank, and ONGC gained over 2% each amid rotational buying. Analysts cited sector rotation as investors shifted from defensives to cyclical plays. Market breadth stayed neutral, reflecting cautious participation ahead of key macro and earnings announcements.
MoneyControl• By struti
Explore:High Return Equity Mutual Fund
18 days ago
1 min read
76 words
Metals gained 1% led by Hindalco and Tata Steel while IT and FMCG declined 1% amid cautious, rotation-led early trade.
The BSE Metal index gained 1% on October 24, supported by Hindalco, Tata Steel, and JSW Steel, while IT and FMCG stocks declined around 1%. Broader indices remained steady with the Smallcap and Midcap segments trading flat. Shriram Finance, ICICI Bank, and ONGC gained over 2% each amid rotational buying. Analysts cited sector rotation as investors shifted from defensives to cyclical plays. Market breadth stayed neutral, reflecting cautious participation ahead of key macro and earnings announcements.
The BSE Metal index gained 1% on October 24, supported by Hindalco, Tata Steel, and JSW Steel, while IT and FMCG stocks declined around 1%. Broader indices remained steady with the Smallcap and Midcap segments trading flat. Shriram Finance, ICICI Bank, and ONGC gained over 2% each amid rotational buying. Analysts cited sector rotation as investors shifted from defensives to cyclical plays. Market breadth stayed neutral, reflecting cautious participation ahead of key macro and earnings announcements.
Companies:
Hindalco
Tata Steel
JSW Steel
+2 more
Tags:
markets
metals
markets
metals
Hindalco
Tata Steel
ICICI Bank
Oct 24, 2025 • 04:42 IST