The metal sector stocks in India experienced declines on March 9, 2026, during early trading hours, aligning with a broader market downturn. The Nifty 50 fell approximately 2.77% to around 23,774.35 on the NSE, while the S&P BSE Sensex dropped about 2.54% to 76,914.79.
Key Metal Stock Performance (as of early March 9, 2026)
Data reflects prices and percentage changes from the provided snapshot (BSE at 09:16 AM and NSE at 09:19:59 AM IST):
- APL Apollo Tubes: BSE ₹2,111.80 (-1.84%), NSE ₹2,083.40 (-3.22%)
- Coal India: BSE ₹442.95 (+0.58%), NSE ₹443.90 (+0.78%) — one of the few with minor gains
- Hindalco: BSE ₹955.00 (-0.38%), NSE ₹944.00 (-1.55%)
- Hindustan Zinc: BSE ₹574.35 (-2.11%), NSE ₹569.05 (-3.03%)
- Jain Resource Recycling Ltd.: BSE ₹400.00 (-3.59%), NSE ₹401.00 (-3.34%)
- Jindal Steel & Power: BSE ₹1,165.40 (-1.24%), NSE ₹1,153.10 (-2.31%)
- JSW Steel: BSE ₹1,210.45 (-1.94%), NSE ₹1,200.40 (-2.70%)
- Maithan Alloys: BSE ₹945.00 (-2.67%), NSE ₹935.50 (-3.35%)
- MOIL: BSE ₹286.25 (-2.25%), NSE ₹282.70 (-3.47%)
- NALCO: BSE ₹399.30 (+0.94%), NSE ₹393.65 (-0.63%)
- NMDC: BSE ₹78.40 (-1.57%), NSE ₹77.26 (-3.17%)
- SAIL: BSE ₹150.45 (-3.74%), NSE ₹147.52 (-4.79%)
- Tata Steel: BSE ₹192.50 (-3.02%), NSE ₹188.66 (-4.94%)
- Vedanta: BSE ₹708.00 (-1.83%), NSE ₹702.45 (-2.57%)
- Welspun Corp: BSE ₹786.65 (-2.59%), NSE ₹785.25 (-2.94%)
Most metal-related stocks showed losses ranging from 1-5% in early trade, with steeper declines on the NSE for several names.
Broader Market Context
The declines occurred amid heightened geopolitical tensions in West Asia, particularly the ongoing US-Israel-Iran conflict. This has driven a surge in crude oil prices, raising concerns over inflation, supply disruptions, and risk aversion globally.
Note: Stock prices are dynamic and subject to change; this reflects the specific early-session data provided for March 9, 2026. Market movements can be influenced by ongoing global events, including any developments in geopolitical situations or commodity prices. Investors should monitor live updates from official exchanges (BSE/NSE) for the latest information.