Stock Market Today, May 28 -- SAIL share price edged lower during the intraday trades on Wednesday ahead of Q4 Results. The SAIL share price was trading up to 1% lower on Wednesday on a day when the Indian Stock Market also was under pressure. Here is what analysts expect

Steel Authority of India Ltd or SAIL is expected to benefit from decline in the raw material prices on a sequential basis though the Steel prices have seen some pressure.

Due too weak local consumption and demand in China, rising exports and excess Chian supplies kept pressure on global pricing. China remains largest consumer of commodities in the world and hence China supply demand remains key for global metal prices. The safeguard duty in India is supporting domestic...