VERIFIEDET Markets·31 Aug 2026negative

Hindustan Zinc, Vedanta, Nalco and other metal stocks slide up to 5%. Here's why

AI Summary

·Metal stocks declined up to 5% on Monday, with the Nifty Metal index falling over 2%.
·The decline was attributed to falling metal prices and expectations of sustained high US interest rates.
·Profit booking after a strong August rally also contributed to the negative sentiment.