Metal stocks continued their upward momentum on Friday, October 3, even as overall market sentiment remained subdued. National Aluminium (NALCO), Tata Steel, Jindal Stainless, Hindalco Industries, and Vedanta were among the key gainers, supported by a series of positive developments that are sustaining demand for the sector.

NALCO led the rally with a 4.7% surge to the day’s high of ₹224 apiece. Other heavyweights, including Tata Steel, Jindal Stainless, Hindalco Industries, Vedanta, JSW Steel, Hindustan Zinc, and Hindustan Copper, advanced between 2% and 4%.

The strong buying in these stocks pushed the Nifty Metal index to a new record high of 10,343, up 2.5% for the day. This marked its fourth consecutive session of gains. The index has now gained 4.54% so far this week and nearly 3% i

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