28 Oct 2025 | 5 Mins Read
Metal stocks rally fueled by short-term catalysts or dawn of a supercycle
Flipitmoney
India's Nifty Metal Index surged 4% in 5 days, driven by global metal price hikes, tightening global supplies, and domestic demand strength. Factors include surging copper, aluminium, and iron ore prices, foreign investor inflows, and expectations of a US Fed rate cut. Key stocks like Tata Steel, Hindalco, and Vedanta gained up to 2% on the day, with technical breakouts signaling bullish momentum.