Metals Under Pressure Amid Global Volatility

Metal stocks face headwinds from global market uncertainty.

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Metals Under Pressure Amid Global Volatility

Metals Under Pressure Amid Global Volatility
The metals sector declined 1% as global commodity prices softened amid renewed equity market volatility. Weak Chinese demand and falling LME copper and aluminum futures pressured sentiment, prompting profit-taking after recent gains. Domestic producers like Tata Steel and Hindalco edged lower, while energy and capital goods stocks provided partial offset. Analysts noted short-term weakness stems from macro uncertainties, though long-term fundamentals remain supported by infrastructure projects, renewable energy expansion, and industrial metals demand.
Companies:
  • Tata Steel
  • Hindalco
Tags:
  • Tata Steel
  • Hindalco