With equity markets lacking momentum, the metal sector has emerged as a clear outperformer. While gold and silver continue to rally, experts warn that precious metals are entering a speculative zone. Interestingly, strong demand in gold and silver has spilled over into aluminium, copper and zinc, lifting metal stocks sharply. The metal sector gained nearly 25% last year, far ahead of Sensex and Nifty, and continues to lead in early 2026 as well. Steel stocks remain laggards but are showing early signs of a catch-up move. For investors seeking relatively safer exposure instead of pure commodity speculation, metal equities offer a compelling alternative. Hindalco stands out for aluminium and copper exposure, while Vedanta offers a diversified play across aluminium, copper, zinc and even silver.
JSW Steel and Tata Steel are expected to outperform. The brokerage attributed this resilience to a superior sales mix, cost control measures, operational efficiency, and a steady growth in volumes.
Nara Lokesh traced the state's current approach to governance and deal-making to a moment early in the government's tenure, when N Chandrasekaran visited the chief minister
ICICI Securities has a buy call on Tata Steel and Jindal Steel. It has a hold call on JSW Steel and SAIL.
Nomura expects JSW Steel standalone and Tata Steel standalone to report around Rs 1,900 to Rs 2,000 per tonne sequential decline in realisations.
Angel One said its board would meet on January 15 to consider a stock split and decide on the first interim dividend for the financial year 2025-26.
India’s steel majors have been found guilty of breaching anti-trust laws following a CCI probe into Tata Steel, JSW Steel and SAIL, Reuters reported. The regulator found companies colluded in setting steel prices, with hefty fines likely on firms and senior officials. This comes at a time when metal stocks have seen a sharp run-up amid strong global prices and supply-side tightness. So, what should be your investment strategy now?
Stocks including Reliance Industries, Titan, ONGC, YES Bank, IEX, Meesho, Lodha Developers, IRB Infra, Steel Companies and more will be in the spotlight on Wednesday, January 07.
India’s leading steelmakers are under intense regulatory scrutiny after the CCI found evidence of price fixing and supply curbs over eight years. The probe puts dozens of top executives in the spotlight.
Shares of Reliance Industries Ltd were among the top losers, closing 4.42% lower at Rs 1507.70 in the current session.
HDFC Bank stock emerged as top loser on the Sensex, falling 2.35% to Rs 977.70 followed by Infosys (2.09%), HCL Technologies (2.08%), Bajaj Finance (1.21%), TCS (1.09%) and Reliance Industries (0.94%).





