Saturday, March 14
New Delhi: India is exploring new markets for steel exports in the Middle East and various Asian nations, an official said.Several agreements are also expected with Indian companies in the next six months in this regard, the official said."...predominantly, our exports were focused on Europe, but we (government is) are trying to diversify exports...," the official told PTI.Government-to-government level dialogues are taking place with a number of countries in the Middle East and Asia, he said.Dialogues are underway at various levels and an outcome is expected in six months."We are trying to get MoUs with countries, so that we can work on these sectors. For example, for markets, the Middle East is a new area where a lot of infrastructure is coming up," the official said.
Benchmark indices Nifty and Sensex extended their gains for a second straight session on Tuesday, supported by a sharp rally in auto and metal stocks that lifted overall sentiment. Meanwhile, broader markets outperformed, with midcap and smallcap indices rising 0.5% and 0.35%, respectively.The BSE Sensex rose 208 points to close the session at 84,274 or 0.25% higher, while the Nifty 50 gained 68 points or 0.26% points to end the day at 25,935.On the 30–share Sensex, Eternal rose over 5% to end the session as the top gainer on the index. Tata Steel followed suit with a rise of 2.82%, while M&M and Tech Mahindra gained more than 1.5% each. HCL Tech, Bajaj Finance, Bharti Airtel, and Adani Ports fell up to 2% on Tuesday.Expert viewsVinod Nair, Head of Research, Geojit Investments said t
