Metal sector stocks traded mostly in the red on May 18, 2026, during the late morning session. While Coal India bucked the trend with decent gains, the majority of stocks, including major steel, aluminium, and zinc companies, witnessed selling pressure amid weak broader market sentiment.
The Nifty 50 was down 0.85% at 23,443.70, and the S&P BSE Sensex declined 0.85% to 74,597.99 as of around 10:53 AM.
Top Gainers in the Metal Sector
- Coal India emerged as the clear outperformer, rising 0.96% on BSE to ₹466.60 and 1.11% on NSE to ₹467.35.
- This was one of the very few positive moves in the sector during the session.
Major Losers in the Metal Sector
- Tata Steel recorded one of the steepest declines, falling 3.97% on BSE to ₹208.20 and 4.03% on NSE to ₹208.10.
- Maithan Alloys dropped 3.59–3.72%.
- NMDC declined 2.84–2.89%.
- MOIL was down 2.85–2.90%.
Other notable losers included Jindal Steel & Power (-1.77 to -1.79%), SAIL, Hindustan Zinc, Welspun Corp, APL Apollo Tubes, Vedanta (-1.54 to -1.63%), Hindalco (-1.90%), and NALCO, which saw losses ranging from 0.9% to 2.2%.
JSW Steel traded with a marginal decline of around 0.7%.
Overall, the metal sector remained under pressure on May 18, with limited buying interest seen only in selective stocks like Coal India.
Note: All prices and percentage changes are based on data as of 10:53 AM on BSE and 10:54 AM on NSE on May 18 2026. Market prices are volatile and continue to change rapidly. This is for informational purposes only and does not constitute investment advice. For the latest live prices, please check the official NSE and BSE websites.