Metal Index Soars to Record High, Nalco, Hind Copper Lead Gains Up to 5%

• The Nifty Metal index hit a fresh record high of 11,433.80, extending gains for the fourth straight session.
• National Aluminium Company, Hindustan Copper, and Hindalco Industries led the rally with gains up to 5%.
• A weak dollar, which fell 9.4% in 2025, makes dollar-priced commodities cheaper, boosting demand.
• China's factory activity unexpectedly expanded in December (PMI 50.1) after eight months of contraction.
• Global aluminium prices on the London Metal Exchange touched $3,000 a tonne, improving earnings outlook.

Why It Matters: Metal stocks rally to record highs driven by a weak dollar, positive China data, and rising global prices.