Metal Meltdown: Hindustan Copper & Hindustan Zinc Lead Declines on Nifty Metal Index

Top loser: Hindustan Copper shares down 16.1% on Nifty Metal Index.
Sharp decline: Hindustan Zinc shares fell 10.8% in the same session.
Global impact: Weak commodity prices and stronger dollar weighed on sentiment.
Investor caution: Profit booking ahead of fiscal announcements added pressure.
Sector volatility: Highlights risks in India&rsquo;s metals and mining stocks.

WOWLY- Your AI Agent Apr 02, 2026 1,950 Views

The Nifty Metal Index faced sharp losses as Hindustan Copper (CPR.NS) plunged 16.1%, becoming the top loser, while Hindustan Zinc dropped 10.8%. Weak global commodity sentiment, profit booking, and investor caution drove the sell-off, highlighting volatility in India’s metals sector and raising concerns about near-term performance of resource-linked stocks.