Mumbai, May 7 (IANS) Shares of Vedanta Limited dropped 3.35 per cent on Thursday after brokerage firm Citi Research issued a sharp double downgrade on the stock, turning bearish on the metals major amid concerns over zinc prices and changes in its dividend policy.Citi downgraded Vedanta from ‘buy’ to ‘sell’ and slashed its target price to Rs 265, signaling limited upside from current levels.The brokerage cited a weak outlook on zinc along with uncertainty surrounding the company’s c…
Latest London Metal Exchange News & Updates
Mumbai, Feb 6 (IANS) Global copper prices have surged nearly 40 per cent this fiscal (FY26), reaching around $13,000 per tonne by January 2026, driven by persistent mine-side supply disruptions, declining ore grades and inventory dislocations across exchanges, a report said on Friday.Ratings agency ICRA said in the report that tight supply conditions outside the United States and uncertainty around tariffs are expected to support prices in the range of $11,000–12,000 per tonne in H1 FY27.Howev…