Metals Sell-off: Hindustan Zinc, NALCO, Vedanta Plunge Up To 5% After Record Rally

• Shares of major metal companies like Hindustan Zinc, NALCO, and Vedanta are experiencing a significant sell-off, falling up to 5% after a recent record rally.
• The entire Nifty Metal index, comprising all 15 stocks, is trading with losses on Thursday, with Hindustan Zinc being the top loser.
• Hindustan Zinc's decline is linked to potential silver outflows of up to $7 billion due to the Bloomberg Commodity Index's annual rebalancing.
• Hindustan Copper and NALCO are also among the biggest losers, with Hindustan Copper snapping a four-day gaining streak.
• An expert suggests focusing on ferrous and aluminium stocks like Tata Steel, JSW Steel, NALCO, and Hindalco for long-term investment despite current market volatility.

Why It Matters: Metal stocks face sharp decline post-rally, driven by index rebalancing and profit-taking.