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HINDALCO HindalCo Industries News Story

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Indian metal stocks fall, tracking drop in global aluminium prices

** Indian metal stocks .NIFTYMET slump 3.9% VS Nifty 50's .NSEI 1.3% drop

** Sub-index is top sectoral loser, with all 15 stocks in the red

** Losses led by aluminium miners NALCO NALU.NS and Hindalco HALC.NS

** NALU down 6.2%, HALC slumps 5.6% as they track drop in global aluminium prices MET/L

** Session's losses in HALC and NALU erase their weekly gains; HALC down 4.6% and NALU falls 3.2% for the week

** YTD, metals up 1.8% vs Nifty's ~11% drop

 (Reporting by Kashish Tandon in Bengaluru)

 ((Kashish.tandon@thomsonreuters.com))

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