New Delhi, March 30 -- Metal stocks including NALCO, Hindalco Industries, Vedanta, and others rallied on Monday, March 30, following a sharp rise in aluminium prices. Nifty Metal index was the only sectoral index trading in the green amid weak sentiment across Dalal Street.
The Nifty Metal index rose over 0.5%, as against a 1.5% fall in the benchmark Nifty 50.
NALCO shares rose more than 6% to trade at around Rs.395 apiece, while Hindalco shares gained over 5% to trade at nearly Rs.913 apiece. Vedanta also added 4.5% to the day's high of Rs.678.60. Among other metal stocks, SAIL also jumped 5% while Jindal Stainless, Ratnamani Metals, and Welspun Corp added over 1% each.
Aluminium prices on the London Metal Exchange (LME) jumped 6% on ...
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