Nifty Metal Today: Index Slips 0.99% to 13,124.60

Quick sector takeaways

• Nifty Metal ended 131.75 points lower, down 0.99%, at 13,124.60 on 6 August 2026.
• The index closed below its previous close of 13,256.35 after trading between 13,112.35 and 13,322.80 during the session.
• Breadth was tilted lower: 11 of 16 tracked stocks declined, while four advanced and one was unchanged.
• Tata Steel, JSW Steel and Jindal Stainless were among the sharper decliners, while Hindustan Copper and Welspun Corp finished higher. The next session will show whether the broad decline narrows or persists.

Nifty Metal today: end-of-session wrap

Nifty Metal today closed at 13,124.60, down 0.99% from the previous close of 13,256.35. The 131.75-point fall placed the sector index among the weaker configured sector indices at the close on Thursday, 6 August 2026.

The session began at 13,316.20 and the index reached a high of 13,322.80 before moving lower. It touched an intraday low of 13,112.35 and finished only 12.25 points above that low. That closing position reflects sustained pressure through the session rather than a close near the day’s upper range.

The move was accompanied by a clear negative skew across the tracked metal stocks. Declines in several large, closely watched names coincided with gains in a smaller set of stocks, producing a mixed but decisively negative closing picture for the index.

Price snapshot

The index’s intraday range was 210.45 points, calculated from the day high and day low. Its LTP of 13,124.60 was below both the opening level and previous close, while remaining marginally above the day low. These are price observations from the completed session and do not indicate a directional forecast.

Sector ranking

Nifty Metal was the second top losing sector index among the configured sector indices in the closing selection. Nifty Auto fell 1.01%, placing just below Nifty Metal’s 0.99% decline, while Nifty IT declined 0.95%. The ranking puts the metal index near the weaker end of the tracked sector set for the day.

In contrast, Nifty Bank rose 0.56% and Nifty Financial Services gained 0.07%, while Nifty Pharma was broadly flat. This comparison is limited to the configured sector indices and provides the context for Nifty Metal’s second-loser position.

Constituent breadth

The breadth data reinforced the negative index close. Of the 16 display-safe stocks tracked within Nifty Metal, 11 declined, four advanced and one remained unchanged. The advance-decline ratio stood at 0.36, meaning declines outnumbered advances by a wide margin.

This broad distribution matters because the index decline was not limited to one isolated stock move. Tata Steel, JSW Steel, Jindal Stainless, Lloyds Metals & Energy, Hindalco Industries, Hindustan Zinc and Jindal Steel & Power were all lower. At the same time, gains in Hindustan Copper, Welspun Corp, SAIL and NMDC showed that some pockets of the sector closed in positive territory.

Heavyweights versus broader participation

The supplied heavyweight and most-active stock lists included Adani Enterprises, JSW Steel, Tata Steel, Hindustan Zinc and Vedanta. All five closed lower, adding to the negative tone across the index’s prominent names.

JSW Steel declined 1.66% to Rs. 1,307.90 and Tata Steel fell 1.91% to Rs. 189.30. Adani Enterprises closed 0.79% lower at Rs. 3,026, Hindustan Zinc fell 1.16% to Rs. 590, and Vedanta slipped 0.72% to Rs. 275. Their collective negative finish aligned with the broader breadth reading.

Key Nifty Metal stocks

Biggest positive movers

Hindustan Copper led the gainers, rising 2.28% or Rs. 12.15 to Rs. 545.95. It traded between Rs. 525.55 and Rs. 551. Welspun Corp gained 1.76%, or Rs. 31.50, to Rs. 1,819.60 after moving between Rs. 1,791.10 and Rs. 1,862.

SAIL advanced 0.71% to Rs. 176.74 and NMDC gained 0.47% to Rs. 86.20. These four advancing stocks offered a counterpoint to the broader weakness, though they were outnumbered by decliners at the close.

Biggest negative movers

Tata Steel was the biggest percentage loser, declining 1.91% or Rs. 3.69 to Rs. 189.30. The stock’s intraday low was Rs. 188.99, placing its close just above the day’s low of Rs. 188.99.

JSW Steel fell 1.66% to Rs. 1,307.90, Jindal Stainless declined 1.61% to Rs. 732.50, and Lloyds Metals & Energy lost 1.35% to Rs. 2,059. Hindalco Industries was down 1.25% at Rs. 1,027. These moves formed the leading negative group within the sector.

Stocks to watch next session

Market participants can track Tata Steel, JSW Steel, Hindalco Industries, Hindustan Copper, Welspun Corp and Jindal Stainless in the next session. The first four illustrate the contrast visible at the close: Tata Steel, JSW Steel and Hindalco Industries ended lower, whereas Hindustan Copper and Welspun Corp gained.

For price context, Hindalco Industries closed at Rs. 1,027 after a day range of Rs. 1,016 to Rs. 1,044. Jindal Stainless ended at Rs. 732.50 after trading between Rs. 730 and Rs. 747.60. Investors can follow the broader sector dashboard through Univest Market View.

The constructive case

The constructive evidence came from the presence of four gainers despite the index decline. Hindustan Copper’s 2.28% rise and Welspun Corp’s 1.76% advance were the strongest positive moves, while SAIL and NMDC also finished higher. National Aluminium Company ended unchanged at Rs. 381.

In addition, Nifty Metal closed 12.25 points above its day low after touching 13,112.35. This describes the closing location within the session range, while the positive stock moves demonstrate that price action within the sector was not uniform.

The cautious case

The cautious case is grounded in the 0.99% index loss, the close below the previous close and opening level, and the 11-to-four advantage for decliners over advancers. The index also ended close to its intraday low, at 13,124.60 versus 13,112.35.

Weakness was spread across several prominent names, including Adani Enterprises, JSW Steel, Tata Steel, Hindustan Zinc and Vedanta. Tata Steel’s 1.91% decline, JSW Steel’s 1.66% fall and Jindal Stainless’s 1.61% loss were among the most notable closing moves.

Univest Insights

Nifty Metal today presented an end-of-session picture of index pressure with selective stock-level resilience. The 131.75-point decline from the previous close was accompanied by a negative breadth reading, making the sector’s finish broader than a single-stock movement.

The session path was also notable. The index opened above its prior close, registered a high of 13,322.80, and then ended at 13,124.60, near the day low of 13,112.35. This sequence captures the day’s price movement without assigning a cause to it.

For the next session, the balance between the larger declining group and the smaller set of advancing stocks will remain relevant. Hindustan Copper and Welspun Corp closed higher, while Tata Steel, JSW Steel and Jindal Stainless were among the key laggards. Tracking whether that split changes can provide useful sector context.

For traders and investors, the key signal to watch is…

Published on 6 August 2026 at 4:20 PM IST

Frequently asked questions

What was Nifty Metal today?

Nifty Metal closed at 13,124.60 on 6 August 2026, down 131.75 points or 0.99% from its previous close of 13,256.35.

What were Nifty Metal’s day high and day low?

The index recorded a day high of 13,322.80 and a day low of 13,112.35.

Why was Nifty Metal a top losing sector index?

It declined 0.99%, making it the second top losing sector index among the configured sector indices in the closing selection.

How was breadth within Nifty Metal?

Among 16 tracked stocks, 11 declined, four advanced and one remained unchanged.

Which stocks gained the most in Nifty Metal?

Hindustan Copper gained 2.28% and Welspun Corp rose 1.76%, followed by SAIL and NMDC.

Which stocks were the major Nifty Metal losers?

Tata Steel fell 1.91%, JSW Steel declined 1.66%, Jindal Stainless lost 1.61%, Lloyds Metals & Energy fell 1.35%, and Hindalco Industries slipped 1.25%.