Vedanta vs Tata Steel vs NMDC: Which metal stock to buy for the long term?

Stocks worth buying for the long term: After losing for three consecutive seasons, the Indians stock market Some buying interest was seen in Friday’s session. Nifty 50 index closed 104 points higher at 24,854; The BSE Sensex closed 218 points higher at 81,224, while the Bank Nifty index closed 805 points higher at 52,094.

according to stock market According to experts, this gain will be considered a relief rally in the Indian stock market, unless the Nifty 520 index overcomes the immediate hurdle placed at 20,050 points on a closing basis. He said the 50-stock index may try to retest its recent lows and touch 24,350 to 24,300 levels. However, he added that the current negative trend on Dalal Street could be an excellent opportunity to add metal stocks to one’s portfolio.

Buy metal stocks for the long term

Speaking on the Indian stock market outlook, Mahesh M Ojha, AVP-Research, Hansex Securities, said, “Friday’s rally is just a relief rally until the Nifty 50 index closes above 25,050 points. However, this correction Will indicate.” Negative for cautious tendencies. Bullish trend can be considered only after breaking the barrier of 25,300. At lower levels, Frontline index may try to recapture its recent lows and touch 24,3050 to 24,300 points.

Advising long-term investors to fish for the bottom, Anshul Jain, head of research, Lakshmi Shree Investments & Securities, said, “In this falling market, buying stocks available at attractive valuations is a good investment for long-term investors. Strategy may be in place as the market trend is expected to remain negative to negative till then US presidential election The results have come. I would suggest long-term investors to focus on metal stocks as these stocks are expected to generate alpha returns over the long term.’

On metal stocks to buy in the long term, Mahesh M Ojha of Hansex Securities said frontline stocks VedantaTata Steel, and NMDC This can be taken into consideration when considering metal stocks in the long term.

Vedanta vs Tata Steel vs NMDC

On which of these three stocks looks better positioned for higher returns, Pravesh Gaur, Senior Technical Analyst, Swastika Investmart, said, “When considering Vedanta, Tata Steel and NMDC for long-term investments, So each offers unique benefits. Vedanta has a diversified portfolio across metals, oil and gas, but its high debt levels and exposure to global commodity prices increase the risks. Tata Steel is a leader in the steel industry with a strong global presence, and its recent focus on deleveraging and sustainability makes it a solid long-term choice. However, it is sensitive to cyclical trends.”

“NMDC, which focuses primarily on iron ore mining, has a strong balance sheet with low debt and stability due to public sector support. Still, its growth may be more limited than others. Tata Steel may be more attractive to long-term investors because of its global positioning and balanced growth strategy, while NMDC offers a safer, lower-risk option, with Vedanta better suited for those looking for a broader commodity mix. Want to invest in.

Disclaimer: The views and recommendations given in this analysis are those of the individual analysts or broking companies and not of Mint. We strongly advise investors to consult certified experts before making any investment decisions, as market conditions can change rapidly and individual circumstances may vary.