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Metal stocks slide on US-Iran tensions Back
(14:44, 23 Mar 2026)
The Nifty Metal index tumbled 4.61% to 10,886.60, wiping out the 1.45% gain from the previous session. So far in March 2026, the index has slipped about 9%.

Supply disruptions in the Middle East impact steel and aluminium markets.

Most metal stocks fell sharply, dragging the Nifty Metal index down to 10,886.60. Hindustan Copper led the losses, down 7.63%, followed by SAIL (7.26%), Jindal Steel (6.6%), NMDC (6.12%) and Hindustan Zinc (5.54%). Vedanta slipped 5.44%, while Nalco, Tata Steel, JSW Steel and Adani Enterprises declined 4.9'5.13%, reflecting broad-based selling amid escalating US-Iran tensions.

Vedanta board meeting is scheduled today, 23 March 2026, to consider and approve the third interim dividend on equity shares, if any, for the financial year 2025-26.

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Monday, March 23, 2026   Adani Enterp. :  1833.00    (-94.10)  ||  Adani Ports :  1303.60    (-61.80)  ||  Apollo Hospitals :  7145.00    (-219.50)  ||  Asian Paints :  2121.30    (-74.10)  ||  Axis Bank :  1170.60    (-33.30)  ||  Bajaj Auto :  8776.00    (-275.00)  ||  Bajaj Finance :  812.60    (-17.95)  ||  Bajaj Finserv :  1675.50    (-34.80)  ||  Bharat Electron :  405.50    (-20.60)  ||  Bharti Airtel :  1795.90    (-50.20)  ||  Cipla :  1221.80    (-34.60)  ||  Coal India :  455.25    (-12.90)  ||  Dr Reddy's Labs :  1253.30    (-45.60)  ||  Eicher Motors :  6681.50    (-227.50)  ||  Eternal :  226.96    (-5.33)  ||  Grasim Inds :  2531.10    (-85.20)  ||  HCL Technologies :  1358.60    (+24.90)  ||  HDFC Bank :  744.15    (-36.30)  ||  HDFC Life Insur. :  592.10    (-31.55)  ||  Hind. Unilever :  2052.20    (-30.50)  ||  Hindalco Inds. :  840.25    (-34.00)  ||  ICICI Bank :  1222.70    (-22.70)  ||  Infosys :  1256.80    (+0.90)  ||  Interglobe Aviat :  3945.30    (-203.80)  ||  ITC :  290.45    (-9.50)  ||  Jio Financial :  226.10    (-13.20)  ||  JSW Steel :  1109.60    (-60.00)  ||  Kotak Mah. Bank :  356.55    (-10.20)  ||  Larsen & Toubro :  3342.40    (-92.40)  ||  M & M :  2955.80    (-110.30)  ||  Maruti Suzuki :  12355.00    (-246.00)  ||  Max Healthcare :  956.90    (-7.90)  ||  Nestle India :  1166.80    (-26.80)  ||  NTPC :  372.40    (-8.55)  ||  O N G C :  265.45    (+0.05)  ||  Power Grid Corpn :  302.10    (+4.50)  ||  Reliance Industries :  1407.80    (-6.60)  ||  SBI :  1031.90    (-26.10)  ||  SBI Life Insuran :  1832.30    (-64.60)  ||  Shriram Finance :  877.70    (-60.90)  ||  Sun Pharma.Inds. :  1758.40    (-18.70)  ||  Tata Consumer :  1023.60    (-26.60)  ||  Tata Motors PVeh :  305.25    (-8.85)  ||  Tata Steel :  187.17    (-9.60)  ||  TCS :  2383.80    (-6.80)  ||  Tech Mahindra :  1384.00    (-0.80)  ||  Titan Company :  3853.10    (-253.50)  ||  Trent :  3356.70    (-202.90)  ||  UltraTech Cem. :  10362.00    (-572.00)  ||  Wipro :  187.54    (-3.36)  ||