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Hindustan Zinc gains momentum as silver strength boosts metal stocks
Hindustan Zinc advanced nearly 6% over three days as silver prices continued their bull run, improving sentiment for metal stocks and raising expectations of stronger realizations and margin support for the company.
Hindustan Zinc shares extended gains, rising about 6% over three sessions, tracking the continued rally in silver prices. The upmove reflects improving sentiment toward precious and base metal producers amid a softer dollar and steady global demand. Investors are factoring in higher realizations and margin support from silver-linked revenues, even as broader equity markets remain range-bound.