Metal stocks came under heavy selling pressure on Monday, with the Nifty Metal index falling more than 2% and emerging as the worst-performing sectoral index.
Hindustan Zinc led the losses, with its shares declining around 5%, while Vedanta and National Aluminium Company (NALCO) fell nearly 4% each. Hindalco dropped 3%, while Tata Steel, Adani Enterprises, Jindal Stainless Steel, JSW Steel, NMDC, Welspun Corp and other metal stocks declined up to 2%.
