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February 1, 2026

NALCO, Hindustan Copper, Vedanta shares slump up to 19% sink as metal rout deepens; Here’s why

The CSR Journal Magazine

Metal stocks took a sharp hit on Budget Sunday, with Hindustan Copper plunging 19% and the Nifty Metal index sliding amid a broader commodity sell-off. The decline followed falling gold, silver, and copper prices, driven by a stronger dollar and investor unease after Donald Trump selected Kevin Warsh as his potential nominee for the US Federal Reserve chair.

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