The Nifty Metal index saw mixed movements on December 26, 2024, with Nalco emerging as a top gainer and Hindustan Copper among the biggest losers. Here’s a detailed summary:
Top Performers:
- Nalco (NSE: NALCO): The stock surged 2.21% to close at ₹218.10, reflecting strong investor sentiment.
- Welspun Corp (NSE: WELCORP): Gained 0.88%, trading at ₹799.20, supported by positive developments in the steel sector.
Underperformers:
- Hindustan Copper (NSE: HINDCOPPER): Dropped sharply by 5.45%, closing at ₹265.35, amid weak market sentiments in the metal sector.
- Hindustan Zinc (NSE: HINDZINC): Declined by 1.49% to ₹456.50.
Sector Performance:
- Nifty Metal Index: Closed 0.32% lower at 8,789.05, weighed down by losses in key constituents such as Hindustan Copper and Hindustan Zinc.
Detailed Table:
| Stock Name | NSE Price (₹) | Change (%) | Sector |
|---|---|---|---|
| Nalco | 218.10 | +2.21% | Metal & Mining |
| Welspun Corp | 799.20 | +0.88% | Steel & Pipes |
| Hindustan Copper | 265.35 | -5.45% | Copper Mining |
| Hindustan Zinc | 456.50 | -1.49% | Zinc Mining |
| Nifty Metal Index | 8,789.05 | -0.32% | Sector Performance |
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