NIFTYMETAL · NSE

Nifty Metal

Index · View only — not on the trading terminal

₹13,052.6

+1.51% (+₹194.15)

Prev. close

₹12,858.45

Volume

11,33,26,133

As of

18 Sept 2026

Price history

Bearish

Equirus Securities Analysis · Equirus Securities · 13 Jul 2026

“Bearish on the Non-Ferrous sector, specifically aluminium, due to a sharp correction in LME aluminium prices. This, combined with faster capacity restarts in West Asia and fresh Indonesian supply, is expected to keep prices under pressure, posing risks to earnings.”

Published mid-session at 11:36 IST. Tracking counts only prices printed after publication — the chart's dashed divider marks that moment; earlier prices never count toward entry or results.

NOT GRADEDCall page Clear

₹13,052.6+₹144.5 (+1.12%) · CALL

13 Jul 2026 → 18 Sept 2026Trading Workbench

Equirus Securities Analysis's call · 13 Jul 2026

Analyst sentiment

Analysts lean bullish

11 analyst stances · last 90 days · one per analyst

Trackable

5 · 5 bull / 0 neutral / 0 bear

Long-Horizon

none in window

Commentary

6 · 3 bull / 1 neutral / 2 bear

Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded

Bullish 73% (8)Neutral 9% (1)Bearish 18% (2)

Explore by date range →

Analyst opinions

Call	Analyst	Instrument	Type	Direction	Date	Verdict
“Bullish on Financials, viewing them as a market bellwether benefiting from a credit cycle uptick. Also bullish on the br…”	Gautam Chhaochharia UBS India	Nifty Metal	Trackable	Bullish	11 Sept 2026	PENDING
“Bullish on precious metals, believing that the implications of widening fiscal deficits, elevated debt levels, and ongoi…”	Jefferies Analysis Jefferies	Nifty Metal	Trackable	Bullish	31 Aug 2026	PENDING
“Bullish on Multi Commodity Exchange of India (MCX), reaffirming a 'Buy' rating with a target price of ₹3,600, implying a…”	Arjun Savla HDFC Securities	Nifty Metal	Trackable	Bullish	18 Aug 2026	PENDING
“Bullish on Multi Commodity Exchange of India (MCX), reaffirming a 'Buy' rating with a target price of ₹3,600, implying a…”	Amit Chandra HDFC Securities	Nifty Metal	Trackable	Bullish	18 Aug 2026	PENDING
“Bearish on the Non-Ferrous sector, specifically aluminium, due to a sharp correction in LME aluminium prices. This, comb…”	Equirus Securities Analysis Equirus Securities	Non-Ferrous Sector	Trackable	Bearish	13 Jul 2026	NOT GRADED
“Bearish on the Non-Ferrous sector, specifically aluminium, due to a sharp correction in LME aluminium prices. This, combined with faster capacity restarts in West Asia and fresh Indonesian supply, is expected to keep prices under pressure, posing risks to earnings.” This call couldn't be objectively graded against market data. Read the original article
“Sandeep Neema sees compelling opportunities in the metals sector, supported by improving balance sheet health, rising ca…”	Sandeep Neema PL Asset Management	Nifty Metal	Trackable	Bullish	03 Jul 2026	NOT GRADED

Market commentary · 6 · levels, conditionals, previews, macro & hedged views — context, not graded

Call	Analyst	Instrument	Type	Direction	Date	Verdict
“Bullish on the metals sector, expecting a multi-year rally due to a 'supercycle' driven by record copper prices and tigh…”	Nimesh Chandan Bajaj Finserv Asset Management Limited	Nifty Metal	Commentary	Bullish	01 Sept 2026	PENDING
“Investors should maintain a selective approach, focusing on companies with strong earnings visibility, healthy balance s…”	Ajit Mishra Religare Broking	Nifty Metal	Commentary	Bullish	23 Aug 2026	PENDING
“Bullish on Energy, Metals, Real Estate, and Banking sectors, expecting them to be top performers as market conditions im…”	Rohit Srivastava Strike Money Analytics and Indiacharts	Nifty Metal	Commentary	Bullish	15 Jul 2026	PENDING
“Neutral on the Metals and Mining sector, noting that while recent foreign investor outflows are tactical, the real risk …”	Karthick Jonagadla Quantace Research	Nifty Metal	Commentary	Neutral	13 Jul 2026	PENDING
“Bearish on the Ferrous sector, despite recent corrections in steel stocks. Downside risks to both volumes and profitabil…”	Equirus Securities Analysis Equirus Securities	Ferrous Sector	Commentary	Bearish	13 Jul 2026	PENDING
“Bearish on the Nifty Metal index and metal stocks in the near term, citing a weak technical phase with a bearish MACD cr…”	Anand James Geojit Investments Limited	Nifty Metal Index	Commentary	Bearish	29 Jun 2026	NOT GRADED

Index metrics

As of 19 Sept, 05:24 IST

Open

12,908.1

Day High

13,054.7

Day Low

12,908

Prev. Close

12,858.45

52W High

13,931.35

52W Low

9,871.8

P/E

15.89

P/B

2.61

Div. Yield

1.29%

Member stocks today

How many of this index's member stocks rose or fell today — a broad move and a few-heavyweights move look very different here.

Rose

Fell

Flat

Composition

15 stocks · 11 advanced · 4 declined

Member stocks, ranked by index weight — heaviest first.

Top weight: TATASTEEL · 18.1% (free-float mcap share, estimate — not NSE’s published weight)

StockWeightPrice · Day

ETFs tracking this index

6 funds

Index levels are informational only, not investment advice.

VEDL

Vedanta Aluminium shares could rise 31% as Kotak Neo sees tighter aluminium market supporting earnings

AL Circle · 8 hours ago

TATASTEEL

REG - Tata Steel Limited - Disclosure under 30 & 51 SEBI Listing Regulations

TradingView · 8 hours ago

NMDC

NMDC targets net-zero operational emissions by 2047, plans 90% reduction

Business Standard · 9 hours ago

ADANIENT

Adani stocks soar up to 12% after Jefferies sees up to 53% upside in Adani Energy and others

economictimes.com · 13 hours ago

ADANIENT

Nifty 50 ends higher: Adani Ports jumps nearly 5%, Adani Enterprises and Bharti Airtel rally

Business Upturn · 14 hours ago

HINDZINC

Hindustan Copper Share Price live: stock gains 2.13% today

Univest · 16 hours ago

NMDC

Dividend comparison: Maharatna SAIL vs Navratna NMDC - Yield, PSU stocks performance ahead of record date

Livemint · 16 hours ago

VEDL

Vedanta board approves ₹3,500 crore fundraise via NCD issuance; stock up 1.2%

upstox.com · 16 hours ago

TATASTEEL

Tata Sons IPO: Why Tata Chemicals may be the biggest beneficiary although Tata Motors, Tata Steel own bigg

The Economic Times · 16 hours ago

HINDZINC

Metal sector stocks today, September 18: CMR Green gains 8.58%, Welspun Corp jumps 4%, Hindustan Zinc up 2.53%

Business Upturn · 18 hours ago

WELCORP

Welspun Corp Share Price Today Up 4%

Equitymaster · 18 hours ago

JSWSTEEL

Steel price rally likely to lift earnings; MOFSL favours JSW, Tata Steel

Business Standard · 19 hours ago

APLAPOLLO

APL Apollo Tubes Share Price rises 2.11%: stock analysis

Univest · 19 hours ago

WELCORP

Metal sector stocks gain today, September 17: Welspun Corp jumps 2.81%, Maithan Alloys up 2.39%, MOIL rises 1.82%

Welspun Corp shares rose 2.81% to ₹2,490.50, leading gains among metal sector stocks on September 17. Maithan Alloys and Jindal Steel and Power also saw increases, while Coal India and JSW Steel experienced slight declines. The broader metal sector traded mostly higher.

2 days ago·Read at Business Upturn

NATIONALUM

How Dhaatu Fabex turns 100% NALCO metal into India’s aluminium extrusion advantage

AL Circle · 2 days ago

JSL

JSL Overseas Holding: Acquires Stake in Jindal Stainless

JSL Overseas Holding Limited increased its stake in Jindal Stainless Limited to 17.28% by acquiring 619,678 additional equity shares from the open market. This transaction, conducted under SEBI regulations, raises its total holding to over 142 million shares. The acquisition was completed on various dates in September 2026.

2 days ago·Read at InvestyWise

JINDALSTEL

JINDALSTEL Q2 FY27 Preview: Revenue and Margins

Univest · 2 days ago

JINDALSTEL

SEBI Imposes ₹1 Lakh Penalty Each on Two Jindal Steel & Power Designated Persons for PIT Violations [Read Order]

Taxscan · 3 days ago

APLAPOLLO

APL Apollo Tubes Limited Approves Final Dividend for the Financial Year Ended March 31, 2026

marketscreener.com · 3 days ago

HINDCOPPER

Hindustan Copper Share Price Falls 2.00% Today; Key Data

Univest · 3 days ago