Metal stocks including Vedanta, NALCO and Hindustan Zinc fell up to 3% as global metal prices declined sharply. A stronger US dollar, easing Middle East tensions and rising expectations of a Fed rate hike pressured commodities like silver, aluminium, copper and zinc, triggering a broad-based pullback in the metal pack.
Indian metal stocks, including Vedanta, NALCO, and Hindustan Zinc, experienced declines of up to 3% as global metal prices fell sharply. A stronger US dollar, reduced Middle East tensions, and anticipation of a US Fed rate hike contributed to the broad-based pullback across…
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