India, Oct. 24 -- Aluminium stocks extended their slide on Friday, 23 October, as Emirates Global Aluminium said half of its Al Taweelah smelter is back in operation. Full output is targeted for the first quarter of calendar 2027, and the plant will make about 1.6 million tonnes in 2025. Aluminium has already dropped from its 2026 high of $3,800 a tonne to around $3,020. Axis Capital expects a global surplus in CY27 and stays negative on the sector.

1. Hindalco Industries Shares of Hindalco Industries Ltd. were trading at Rs. 860, down 1.78 percent from previous close of Rs. 855.60. The stock opened at Rs. 871.05 and reached an intraday high of Rs. 873.75 and low of Rs. 852.00. The company currently has a market capitalization of Rs. 1,...