The metal sector in the Indian stock market showed gains on January 23, 2026, as of 11 AM IST, with the Nifty Metal index up 1.24% at 11,717.45. This occurred while broader indices remained mixed or flat: the Nifty 50 traded at 25,278.05 (-0.05%), and the S&P BSE Sensex at 82,235.36 (-0.09%).
Key performers in the metal sector included:
- Hindustan Zinc: Up 5.73% to Rs 706.00 on BSE (5.66% to Rs 706.05 on NSE), reaching a 52-week high amid a rally in silver prices, which extended to record levels globally.
- NALCO (National Aluminium Company): Up 4.40% to Rs 380.60 on BSE and NSE.
- Hindustan Copper: Up 3.47% to Rs 550.25 on BSE (3.50% to Rs 550.65 on NSE).
- Ratnamani Metals: Up 3.12% to Rs 2,026.80 on BSE (2.37% to Rs 2,029.80 on NSE).
- APL Apollo Tubes: Up 3.80% to Rs 2,047.50 on BSE (3.57% to Rs 2,046.50 on NSE).
- SAIL: Up 2.28% to Rs 155.00 on BSE (2.25% to Rs 155.06 on NSE).
- MOIL: Up 1.98% to Rs 347.05 on BSE (1.91% to Rs 346.85 on NSE).
- Hindalco: Up 1.37% to Rs 957.50 on BSE (1.33% to Rs 957.00 on NSE).
- Jindal Steel & Power: Up 0.46% to Rs 1,081.25 on BSE (0.31% to Rs 1,079.30 on NSE).
Some stocks traded lower:
- Welspun Corp: Down 1.82% to Rs 744.05 on BSE (1.98% to Rs 744.10 on NSE).
- NMDC: Down 0.54% to Rs 77.85 on BSE (0.56% to Rs 77.79 on NSE).
- JSW Steel: Down 0.12% to Rs 1,183.45 on BSE (0.06% to Rs 1,183.70 on NSE).
This data reflects intraday levels as of approximately 11 AM IST on January 23, 2026. Stock prices fluctuate, and investors should verify real-time quotes from official exchanges (BSE/NSE) for trading decisions.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.