Nifty Metal Index: Price, Major Stocks, and Market Drivers Today
The Nifty Metal Index is a sectoral index on the National Stock Exchange (NSE) that tracks the performance of the metals and mining sector in India. Its movements are highly sensitive to global commodity prices, domestic infrastructure demand, and government policies.
Nifty Metal Index Today (Closing Price)
The Nifty Metal Index was one of the top-performing sectoral indices today, driven by supportive global commodity cues and positive domestic policy expectations.
| Metric |
Value (As of Nov 26, 2025, 3:30 PM IST Close) |
Change |
| Closing Value |
10,280.70 (Approx.) |
+2.06% (Strong Daily Gain) |
| Previous Close |
10,073.40 |
- |
| Day's Range (Low - High) |
10,096.05 - 10,289.80 |
- |
| 52 Week High / Low |
10,837.45 / 7,690.20 |
- |
| P/E Ratio (TTM) |
≈18.06 |
- |
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The index's sharp rebound, after a period of recent weakness, highlights the sector's characteristic high-beta response to favorable economic news.
Nifty Metal Share Price: Performance Snapshot
The Nifty Metal Index is known for its cyclical and high-volatility nature. While its long-term compounding is strong, short-term returns can swing dramatically.
| Period |
Absolute Return (Approximate) |
Key Observation |
| 1 Week |
≈−4.42% |
Indicates a sharp bounce-back after significant losses over the past week. |
| 1 Month |
≈−3.83% |
Shows the index is still recovering from a bearish phase this month. |
| 1 Year |
≈+13.40% |
Significantly outperformed the benchmark Nifty 50 over the last year. |
| 5 Years |
≈+257.65% |
Multi-bagger returns, demonstrating high long-term growth potential. |
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Key Drivers for the Rally Today
The strong upswing in the Nifty Metal Index today was fueled by a combination of domestic and global factors:
-
Policy Boost (Domestic): Hopes for the government to re-impose a safeguard duty on certain steel imports to counter cheaper goods from countries like China. This news directly supports domestic steel producers like Tata Steel, JSW Steel, and SAIL.
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Global Rate Cut Hopes: Growing expectations of a potential US Federal Reserve (Fed) interest rate cut in December, following softer US economic data. This sentiment typically weakens the US Dollar and boosts global commodity prices (like Copper, Aluminium, and Zinc), which directly impacts metal companies.
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Broad Market Sentiment: The overall Indian stock market witnessed a broad-based rally on the back of positive global cues and hopes of a December rate cut by the Reserve Bank of India (RBI). Cyclical sectors like Metal often lead these rallies.
Nifty Metal Stocks List (Top Constituents by Weightage)
The Nifty Metal Index comprises a maximum of 15 stocks. The index is highly concentrated, with the top 4-5 companies accounting for a majority of the weightage.
| Company Name |
Primary Business |
Approximate Index Weightage* |
Today's Price Change (Approx.) |
| TATA STEEL LTD |
Steel & Iron Products |
≈19.39% |
≈+1.97% |
| HINDALCO INDUSTRIES LTD |
Non-Ferrous Metals (Aluminium, Copper) |
≈15.87% |
≈+1.18% |
| JSW STEEL LTD |
Steel & Iron Products |
≈14.06% |
≈+3.71% |
| VEDANTA LTD |
Mining & Mineral Products |
≈11.72% |
≈+1.93% |
| ADANI ENTERPRISES LTD |
Trading/Metals & Mining |
≈8.50% |
≈+0.32% |
| Hindustan Zinc Ltd |
Non-Ferrous Metals (Zinc, Lead, Silver) |
≈2.85% |
≈+1.37% |
| Steel Authority of India Ltd (SAIL) |
Steel & Iron Products |
≈2.78% |
≈+3.51% |
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