Metal Stocks Crash: Companies Lose ₹2 Trillion, Investors Billions Amid Global Commodity Slump
Money
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News18•01-02-2026, 11:24
Metal Stocks Crash: Companies Lose ₹2 Trillion, Investors Billions Amid Global Commodity Slump
- •Global commodity price decline on Friday directly impacted the Indian stock market, particularly the metal sector.
- •Nifty Metal Index's top five companies collectively lost approximately ₹2 trillion in market capitalization over two trading sessions.
- •Hindustan Copper saw the biggest fall, over 15%, with its market cap decreasing by ₹180 billion.
- •Hindustan Zinc and Vedanta experienced significant pressure, losing over ₹600 billion and ₹540 billion respectively in market value.
- •NALCO and Hindalco also suffered substantial losses, with NALCO's market cap down over ₹150 billion and Hindalco losing ₹250 billion at its lowest point.
Why It Matters: Global commodity price slump triggered a massive sell-off in Indian metal stocks, wiping out ₹2 trillion in market cap.
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