"We are recommending these stocks as a contra bet on the global cyclical sector and it is recommended to accumulate the stock in parts over the next few weeks," said SBI Securities in a note on Friday.
Agencies"We are recommending these stocks as a contra bet on the global cyclical sector and it is recommended to accumulate the stock in parts over the next few weeks," said SBI Securities in a note on Friday.
The brokerage is recommending seven stocks in this sector with an investment horizon of six to 12 months. It said the total allocation to the metal sector could be 7% of the portfolio with 1% of the investment in each stock.
"We are recommending these stocks as a contra bet on the global cyclical sector and it is recommended to accumulate the stock in parts over the next few weeks," said SBI Securities in a note on Friday.
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Monday, 26 Jun, 2023
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The committee of creditors (CoC) for Go First Airlines has approved an in-principle interim funding of ₹425 crore so that the grounded carrier, the first in the country to voluntarily seek bankruptcy protection, manages to fly again soon.
The surge in wearables manufacturing in India is impacting Chinese assembly lines adversely, with many factories in that country facing a sharply reduced order book, several industry executives ET spoke to have said.
Agencies
Monday, 26 Jun, 2023
Go First Lenders Approve Interim Funding of ₹425 cr
Growing Wearables Production in India Bleeds China Units
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