Hindustan Zinc and Hindustan Copper Shares Drop 5% After Sharp Fall in Metal Prices
Shares of major Indian mining companies declined sharply today as a sudden slump in global metal prices unnerved investors and put pressure on commodity‑linked stocks. In early trading, Hindustan Copper Shares fell more than 5%, while Hindustan Zinc also dropped nearly 5% as metal prices for key commodities such as copper, zinc, and lead took a steep downturn. Analysts said that weakening industrial demand globally, rising inventories, and a stronger US dollar contributed to sliding metal prices and triggered selling across mining stocks.
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