Nifty Metal Index Climbs 1.3% on August 12, Led by Hindalco and Vedanta; Sector Rebounds on Institutional Buying

India’s Nifty Metal Index (.NIFTYMET) surged 1.3% in Monday’s trade, outperforming broader benchmarks and signaling renewed investor interest in the metals and mining sector. The rally was led by Hindalco Industries, Vedanta, JSW Steel, and Hindustan Copper, driven by strong institutional buying, firm global commodity cues, and optimism around infrastructure demand.

 

Key Highlights from the Market Session

Top Gainers in the Nifty Metal Pack

Vedanta Ltd (VEDL):

Hindustan Copper:

JSW Steel:

Tata Steel:

SAIL and NMDC:

Sectoral Drivers and Market Context

The metals sector rallied on the back of favorable macroeconomic developments and improving demand visibility:

Laggards and Profit Booking

While most constituents gained, a few stocks saw mild profit booking:

These dips were largely technical and not driven by fundamental weakness.

 

Investor Takeaways and Outlook

The Nifty Metal Index’s rebound reflects improving sentiment and sectoral resilience. Key investor cues include:

Source: HDFC SKY – August 12, 2025 Investing.com India – August 12, 2025