Indian metal stocks hit record high as global prices soar

Steel Authority of India

14/01/2026 05:50

Updates

** Metals index .NIFTYMET rises nearly 3% to an all-time high; fourteen of 15 constituents gain

** Index extend gains to third straight session, driven by sharp rise in metal prices on firm demand prospects, mine disruptions MET/L

** Benchmark three-month copper CMCU3 on London Metal Exchange hits all-time high of $13,400 a ton

** NALCO NALU.NS rises 3.4%; Hindalco HALC.NS gains 2.3%; Hindustan Copper HCPR.NS climbs 4.2%

** Hindustan Zinc HZNC.NS, one of India's biggest silver miners, up 5.7%

** Spot silver XAG= breaches $90 per ounce mark for first time, with new high of $91.53 GOL/

** Steel Authority of India SAIL.NS up 2.8%; Vedanta VDAN.NS rises 6.2% to record high

** NIFTYMET rose 29.1% in 2025, its strongest yearly performance since 2021

 (Reporting by Brijesh Patel in Bengaluru)

 ((Brijesh.Patel1@thomsonreuters.com; Ph no. +91 9590227221;))