Metal Stocks Soar: Hindustan Copper, Hindalco, NALCO Hit Record Highs Amid Global Price Surge

• Metal stocks, including Hindustan Copper, Hindalco Industries, and NALCO, surged 4-6% to new record highs on January 6.
• The rally was driven by international copper and aluminum prices reaching unprecedented levels on the London Metal Exchange (LME).
• Hindustan Copper gained 4% (₹574.60), Hindalco 4% (₹970.80), and NALCO led with a 6% jump (₹350.35).
• Global geopolitical tensions, supply shortages, and increasing competition for critical minerals fueled the rise in copper prices.
• US Federal Reserve's interest rate cut expectations and tight supply conditions also contributed to the metal price rally.

Why It Matters: Major metal stocks hit new records, propelled by soaring international copper and aluminum prices.