Nifty Metal Today: Index Up 0.18% in Early Trade
- August 5, 2026
- Posted by: Harsh Piplani
- Category: News
Nifty Metal today is holding a modest gain in the early session on 5 August 2026. The index moved higher even as stock-level performance remained mixed, with a majority of the tracked metal names in positive territory at the latest update of 11:35:05 AM IST.
Quick sector takeaways
- Nifty Metal rose 24.05 points, or 0.18%, to 13,056.35, compared with its previous close of 13,032.30.
- The index traded between 13,010.00 and 13,116.50 during the session, after opening at 13,110.80.
- Breadth was constructive: 11 of 16 displayed stocks advanced, while five declined and none were unchanged.
- Hindustan Copper, Welspun Corp and Hindustan Zinc led the gains. Traders can watch whether the index sustains its move above the previous close while broader participation remains positive.
Nifty Metal today: early-session update
Nifty Metal today was up 0.18% at 13,056.35 in the early session, adding 24.05 points from the previous close of 13,032.30. The move places the metal gauge among the day’s better-performing configured sector indices, although the gain remains measured rather than broad-based in magnitude.
The index opened at 13,110.80, which was above the prior close, and touched an intraday high of 13,116.50. It subsequently moved lower from that opening zone, reaching a day low of 13,010.00, before trading at 13,056.35 at the latest update. This leaves the index above the previous close but below both its opening level and intraday high.
For an early-session reading, the combination of a positive index change and a 11-to-5 advance-decline split indicates that gains were spread across more stocks than declines. At the same time, the distance between the day high and the latest level shows that the sector’s initial strength had moderated by late morning.
Price snapshot
| Metric | Level | Session reading |
|---|---|---|
| Last traded price | 13,056.35 | Up 24.05 points from the previous close |
| Previous close | 13,032.30 | Reference level for the day’s 0.18% gain |
| Day high | 13,116.50 | Highest level reached in the early session |
| Day low | 13,010.00 | Lowest level reached during the session |
The intraday range so far is 106.50 points, calculated from the day low to the day high. The latest level is 46.35 points below the high and 46.35 points above the low, placing the index exactly at the midpoint of its observed range at the stated timestamp. That balance reinforces the picture of a positive but contained early-session move.
Sector ranking
Nifty Metal is the second top gaining sector index among the configured sector indices in this update. Nifty Auto led the available sector gains with a 1.15% rise, while Nifty Metal followed with its 0.18% advance. Nifty Mid Select was also positive, up 0.02%, whereas several other configured sector indices were trading lower.
This ranking is useful for relative context: Nifty Metal was not the strongest gainer in percentage terms, but it was one of only a small number of configured sector indices in positive territory. Its position reflects relative firmness during the early part of the trading day, without implying a directional call for the remainder of the session.
Constituent breadth
Of the 16 displayed Nifty Metal stocks, 11 were advancing and five were declining, with no stock unchanged. The advance-decline ratio stood at 2.20, meaning there were more than two gainers for every decliner. This positive breadth aligns with the index’s 0.18% gain.
However, breadth and index movement need not move in exact proportion. Individual advances ranged from strong moves in select stocks to modest gains elsewhere, while several prominent names were lower. The early-session sector picture was therefore constructive in participation, yet differentiated at the stock level.
Heavyweights versus broader participation
Among the supplied heavyweight stocks, Adani Enterprises Ltd. gained 0.33% to ₹3,060.10, JSW Steel Ltd. added 0.15% to ₹1,302.00, Hindustan Zinc rose 1.91% to ₹573.65, and Vedanta advanced 0.32% to ₹269.85. Tata Steel, in contrast, was down 0.37% at ₹190.24.
The supplied active-stock list includes Adani Enterprises, JSW Steel, Tata Steel, Hindustan Zinc and Vedanta. Their mixed but mostly positive showing provides context for the index’s modest advance. Hindustan Zinc’s stronger gain stood out among this group, while Tata Steel’s decline limited the uniformity of the heavyweight performance.
Key Nifty Metal stocks
| Stock | Move | Why it matters |
|---|---|---|
| Hindustan Copper Ltd. | ₹510.60, up 3.71% | It was the strongest percentage gainer among the supplied stocks. |
| Welspun Corp Ltd. | ₹1,784.50, up 2.76% | Its ₹47.90 rise was the largest absolute gain in this selection. |
| Hindustan Zinc Ltd. | ₹573.65, up 1.91% | A notable positive move among supplied heavyweight names. |
| Jindal Stainless Ltd. | ₹747.35, up 1.59% | It added to the positive breadth within the sector. |
| Steel Authority Of India Ltd. | ₹172.40, down 0.66% | It was the largest percentage decliner among the supplied stocks. |
Biggest positive movers
Hindustan Copper led the sector with a 3.71% gain to ₹510.60, trading near its intraday high of ₹514.45. Welspun Corp followed, rising 2.76% to ₹1,784.50 and trading close to its day high of ₹1,787.20. Hindustan Zinc gained 1.91% to ₹573.65, while Jindal Stainless added 1.59% to ₹747.35.
APL Apollo Tubes rose 1.14% to ₹1,941.80, and Ratnamani Metals & Tubes gained 0.98% to ₹2,397.60. These advances were important to the positive breadth reading and show that the day’s gains extended beyond just one or two names.
Biggest negative movers
Steel Authority Of India declined 0.66% to ₹172.40. Jindal Steel & Power fell 0.56% to ₹1,117.70, while Hindalco Industries was down 0.47% at ₹1,015.25. Tata Steel slipped 0.37% and National Aluminium Company declined 0.32%.
The losses were relatively contained compared with the leading gains, but they remain relevant because these stocks kept the sector from showing a fully uniform upward move. Their intraday levels will remain part of the broader read on whether participation stays favourable through the session.
Stocks to watch next session
Hindustan Copper, Welspun Corp, Hindustan Zinc, Jindal Stainless, Tata Steel and Hindalco Industries are among the supplied stocks to track next session. The first four were notable gainers in the early trade, while Tata Steel and Hindalco Industries were among the stocks trading lower. Watching whether these contrasting moves persist or converge can help frame the next session’s sector participation.
The constructive case
The constructive evidence is clear in the available prices: Nifty Metal was above its previous close, 11 of 16 displayed stocks were advancing, and the advance-decline ratio was 2.20. The leading gains in Hindustan Copper, Welspun Corp, Hindustan Zinc and Jindal Stainless provided a positive contribution to the sector’s early-session tone.
Several supplied heavyweight names were also in positive territory. Adani Enterprises, JSW Steel, Hindustan Zinc and Vedanta were all above their previous closes, supporting the broader positive reading even though their individual gains varied.
The cautious case
The index had retreated from its intraday high of 13,116.50 and was trading below its opening level of 13,110.80 at the latest update. This indicates that the initial upward move had not been fully maintained through late morning.
Five displayed stocks were in the red, including Steel Authority Of India, Jindal Steel & Power, Hindalco Industries, Tata Steel and National Aluminium Company. The presence of declines among these names highlights that the sector’s 0.18% gain was positive but not universal.
Univest Insights
The early-session setup in Nifty Metal is one of modest index strength supported by favourable breadth. The index’s position above the previous close and the 11-stock advance count point to a generally positive internal tone at 11:35:05 AM IST.
Yet the price path matters. After opening at 13,110.80 and touching 13,116.50, the index returned to 13,056.35. That movement keeps attention on whether the sector can rebuild towards its early high or continues to trade around the middle of its day range.
At the stock level, the largest percentage gains were concentrated in Hindustan Copper, Welspun Corp, Hindustan Zinc and Jindal Stainless. Meanwhile, declines in Steel Authority Of India, Jindal Steel & Power, Hindalco Industries and Tata Steel show that the sector’s internal performance remains mixed.
Readers can follow the broader market context through Univest Market View and monitor the sector’s live price action on the Nifty Metal screener. For traders and investors, the key signal to watch is whether nifty metal today holds above its previous close while positive breadth remains intact.
Published on 5 August 2026 at 11:36 AM IST
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Frequently asked questions
What is Nifty Metal today?
Nifty Metal was at 13,056.35, up 24.05 points or 0.18%, at 11:35:05 AM IST on 5 August 2026.
What was the Nifty Metal previous close?
The previous close was 13,032.30.
What were the day high and day low for Nifty Metal?
The day high was 13,116.50 and the day low was 13,010.00.
How was Nifty Metal breadth in the early session?
Among 16 displayed stocks, 11 advanced, five declined and none were unchanged.
Which stocks gained the most in Nifty Metal?
Hindustan Copper, Welspun Corp, Hindustan Zinc, Jindal Stainless and APL Apollo Tubes were the top supplied gainers.
Which stocks declined in Nifty Metal?
Steel Authority Of India, Jindal Steel & Power, Hindalco Industries, Tata Steel and National Aluminium Company were the supplied decliners.
Disclaimer
Investments in securities markets are subject to market risks. Read all related documents carefully before investing. This sector-index update is for informational and educational purposes only and is not personalized investment advice or a recommendation to buy, sell, or hold any security.
