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Will Vedanta shares ride the metal sector rally after 130% returns in a year? Experts explain

Posted by Able on October 01, 2024

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Vedanta shares have gained 130% in the past year, doubling in 2024, driven by strong fundamentals, dividend payouts, and the demerger of business units, with an 88% increase over six months.

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Stock Market LIVE Updates: Hong Kong stocks notch 9-day winning streak in longest rally since 2018

Hong Kong stocks extended their rally on Friday, supported by ongoing positive market sentiment fueled by China's increased economic stimulus measures. The Hang Seng Index surged by 1.5%, marking its ninth consecutive day of gains, the longest winning streak since January 2018. Hong Kong-listed Chinese tech giants also saw continued gains, closing 2.7% higher.

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Will Vedanta shares ride the metal sector rally after 130% returns in a year? Experts explain

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