Nifty Metal rally, March 5 -- Metal stocks rallied up to 7% on Thursday, March 5 following broader gains on Dalal Street. The benchmark indices Nifty and Sensex jumped over 0.5% each in today' deals amid value buying and a weaker US dollar. Moreover, rise in Asian peers also added to the gains.

Nifty Metal rose as much as 3.2% in intra-day deals after a 4% fall in the previous session as rising tensions between US and Iran rattled markets as well as a surge in crude oil prices.

Today's rise of the metal index was led by National Aluminium Company (NALCO), Hindalco Industries, Vedanta, and NMDC, led by a rise in Aluminium prices.

Among metal stocks, NALCO was the top gainers, surging over 7% followed by Hindalco, which advanced over 6.5...