October 3, 2025

Metal stocks grabbed all eyes on Friday! Lloyds Metals and Energy zoomed ahead with a sizzling 6.14% jump. Not far behind, Tata Steel clanged its way up 3.40%, while National Aluminium Company shined 3.10%. The rally didn't stop there. Jindal Stainless grew 2.87%, Hindustan Zinc rose 2.18%, and Hindalco climbed 1.85%. JSW Steel, Vedanta, Jindal Steel, and APL Apollo Tubes also joined the party with smaller but steady gains. The BSE metal index itself edged up by 1.85% to end strong at 34,048.62 points. The broader market smiled along as the 30-share BSE Sensex added 223.86 points, closing at a sparkling 81,207.17. The 50-share NSE Nifty wasn't far behind, edging up 57.95 points to 24,894.25. So, what fueled this upbeat mood? Vinod Nair, Head of Research at Geojit Investments Limited, said, "After a period of range-bound trading, the market closed on a positive note, supported by gains in metal and consumer durables stocks. Optimism over a potential Federal Reserve rate cut in October, a weakening dollar, and stable base metal prices drove the rally in metal indices." Looks like the market’s mood is as bright as polished steel, thanks to hopes of easier money flow from the US and steady metal demand worldwide. Investors are buzzing and the metal stocks are gleaming like never before!

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Tags: Metal stocks, Lloyds metals, Stock market, Bse sensex, Nse nifty, Federal reserve,