Nifty Metal Index Gains 1.33% Led by Vedanta, Hindustan Copper, and JSW Steel
By Ankur Chandra | Published at: Jun 27, 2025 10:33 AM IST
Mumbai, June 27 (IST) — The Nifty Metal index surged 127.3 points or 1.33% in early Friday trade, reaching 9671.85, outperforming broader indices amid strong buying in key metal counters. The rally was led by Vedanta (+2.76%), Hindustan Copper (+2.76%), JSW Steel (+1.18%), and Tata Steel (+1.65%).
Index Performance Snapshot
| Metric | Value |
|---|---|
| Open | 9592.80 |
| Day High | 9678.45 |
| Day Low | 9584.25 |
| Last Price | 9671.85 |
| Previous Close | 9544.55 |
| Change (%) | +1.33% |
| 30-Day Change | +2.69% |
| 1-Year Change | -1.75% |
| 52-Week High | 10322.05 |
| 52-Week Low | 7690.20 |
| Advance/Decline | 12 / 3 |
| Total Traded Value | ₹10,819.4 Cr |
Top Gainers in the Nifty Metal Pack (as of 9:38 AM)
| Stock | Price (₹) | Change (%) | 1M Return | 1Y Return |
|---|---|---|---|---|
| Vedanta (VEDL) | 468.05 | +2.76% | +1.67% | +3.03% |
| Hindustan Copper | 279.60 | +2.76% | +11.02% | -15.73% |
| NMDC | 72.09 | +2.18% | -3.01% | -71.70% |
| SAIL | 136.04 | +1.81% | +3.92% | -7.19% |
| JSW Steel | 1044.75 | +1.18% | +1.86% | +12.33% |
| Tata Steel | 163.19 | +1.65% | -0.69% | -6.97% |
Laggards in the Index
| Stock | Price (₹) | Change (%) | Remarks |
|---|---|---|---|
| Lloyds Metals | 1544.40 | -0.23% | Trading near 52-week high |
| Welspun Corp | 935.35 | -0.26% | Still up 65.72% YoY |
| APL Apollo | 1788.70 | -0.40% | Slight dip after recent uptrend |
Market Context
- Breadth: 12 stocks advanced, 3 declined.
- Near-term Trend: The index is now just 6.3% below its 52-week high of 10322.05, signaling a continued recovery in the metals space.
- Volume Leaders: Tata Steel and Hindustan Copper saw the highest volumes traded among constituents.
Outlook
The Nifty Metal index is regaining momentum on the back of strong institutional interest and steady demand projections across steel and aluminum segments. Investors are watching global commodity cues and China’s economic stimulus trends closely for further direction.
About the Nifty Metal Index:
The Nifty Metal Index tracks the performance of a portfolio of 15 stocks listed on the National Stock Exchange (NSE) that represent the metals sector, including companies involved in mining, metal ores, and metal production such as steel, aluminum, copper, and zinc.
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