Metal sector stocks in India experienced a sharp decline on March 23, 2026, during early trading hours, aligning with broader market weakness. The S&P BSE Sensex stood at 73,237.13, down 1.74%, while the Nifty 50 was at 22,702.60, down 1.78% (as of approximately 9:21–9:24 AM IST).
Key metal stocks showed the following declines (BSE/NSE prices and percentage changes):
- Hindustan Zinc: 493.75 (-4.09%) / 489.20 (-4.96%)
- Vedanta: 648.55 (-3.58%) / 642.05 (-4.49%)
- Tata Steel: 190.55 (-3.13%) / 189.05 (-3.92%)
- NALCO: 357.00 (-3.07%) / 353.10 (-4.18%)
- NMDC: 77.51 (-2.93%) / 77.02 (-3.46%)
- JSW Steel: 1,138.70 (-2.63%) / 1,134.10 (-3.04%)
- Hindalco: 853.95 (-2.29%) / 846.85 (-3.13%)
- APL Apollo Tubes: 1,928.25 (-2.30%) / 1,923.60 (-2.51%)
- Jindal Steel & Power: 1,166.05 (-1.79%) / 1,156.00 (-2.57%)
- SAIL: 151.60 (-2.54%) / 151.45 (-2.62%)
- MOIL: 283.75 (-2.68%) / 282.20 (-3.22%)
- Maithan Alloys: 900.30 (-3.39%) / 896.00 (-4.20%)
- Welspun Corp: 783.55 (-2.54%) / 783.80 (-2.49%)
- Coal India: 464.60 (-0.66%) / 464.05 (-0.88%)
- Jain Resource Recycling Ltd.: 427.15 (-3.15%) / 423.90 (-3.92%)
Among the top losers in the metal sector were Global Surfaces (down 5.0%) and Hindustan Zinc (down around 4.1%).
The Nifty Metal index (sectoral benchmark) has shown volatility in recent sessions, with prior data indicating fluctuations around 11,400 levels in mid-to-late March 2026, though specific intraday figures for March 23 align with the observed declines in constituent stocks.
Investors should monitor real-time updates from NSE/BSE, commodity exchanges, and global factors for ongoing developments. This reflects early trading data as of March 23, 2026, around 9:30 AM IST; market conditions can change rapidly.
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