New Delhi, May 13 -- Metal stocks witnessed sharp surge on Wednesday, 13 Ma, tracking a steep rise in gold, silver and other base metals. Shares of Hindustan Zinc, Vedanta, Hindustan Copper, NALCO and other metal counters rallied significantly during the session as jump in commodity prices dented sentiment across the sector.

The rise in metal prices come after the government has raised import duties on several categories of gold, silver and other precious metal imports to 15% from 6%.

Nifty Metal soared 1.3% with all its constituents in the green. Hindustan Zinc was the top gainer, surging almost 5% followed by Hindustan Copper, which added over 3%. Meanwhile, Vedanta, National Aluminium Company, and Hindalco gained over 1.5% each.

Buy...