The Nifty Metal index rose by 1.20%, with major stocks in the sector posting strong gains. The top gainers included National Aluminium (Nationalum), which jumped 3.53% to ₹230.79, followed by SAIL, up 2.18% to ₹136.95, and Vedanta (VEDL) rising 1.83% to ₹506.60.
Other key stocks such as JSW Steel, NMDC, and Hindustan Zinc also posted gains of 1.73%, 1.59%, and 1.55%, respectively. The positive movement in metal stocks comes after a recent report from Emkay, which highlighted the sector’s robust outlook. Emkay noted that strong demand and supportive market dynamics are likely to continue driving the metal sector’s performance in the coming quarters.
Investors are closely watching the sector for further positive momentum, fueled by the bullish sentiment from brokerages and steady demand for metals globally.
Disclaimer: The information provided is for informational purposes only and should not be construed as investment advice. Please consult your financial advisor before making any investment decisions.
