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MetalsHigh impactPre-market

Metal stocks decline sharply amid falling commodity prices

pre-market1 source ↓written by the desknot a recommendation

to ₹628.85
12.1%
to ₹682.70
11%
substantial losses
10.3%
9.5%
index dropped
5%

Metal stocks faced heavy selling on 30 Jan as gold and silver prices dropped significantly. Hindustan Zinc fell 12.1% to ₹628.85, while Vedanta declined 11% to ₹682.70. NALCO and Hindustan Copper also saw substantial losses of 10.3% and 9.5%, respectively, reflecting a broader downturn in the sector. The Nifty Metal index dropped over 5%, marking it as the top loser on NSE.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 31 Jan 2026, 07:08 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

HINDZINC closed −9.3% on the day of the news, from ₹628.50 to ₹570.10; Nifty −2.0% over the same session; futures OI −4.4%.

Bulletin at 07:08 IST on 31 Jan 2026. Every change is measured from ₹628.50, the last close before it, on 30 Jan. Nifty 50 is measured over the same sessions.

  • HINDZINC close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
HINDZINC closes around the bulletin against the close before the news, with Nifty 50 rebased to it559.37643.28727.20axis spans 30%before the news · 30 Jan628.50Nifty 50HINDZINCbulletinD0+1+3+523 Jan4 Feb13 FebFutures open interest, lotspeak 35,000Reference close ₹628.50. 16 sessions from 23 Jan to 13 Feb; the price axis spans 30 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before30 Jan₹628.50basebase
On the day1 Feb₹570.10▼ −9.3%▼ −2.0%−7.3 pp difference
+1 session2 Feb₹610.10▼ −2.9%▼ −0.9%−2.0 pp difference
+3 sessions4 Feb₹639.25▲ +1.7%▲ +1.8%−0.1 pp difference
+5 sessions6 Feb₹608.95▼ −3.1%▲ +1.5%−4.6 pp difference
Gap at the open, % · ₹
▼ −8.5%−53.49 on 1 Feb
Day's range, % · ₹
6.3%≈ 39 high to low
Volume on the day
2.05×the 20-session average
Futures OI on the day
▼ −4.4%−1,600 lots · long unwinding · price −9.3%
Futures OI open, lots
34,0001 Feb · 24 Feb expiry
Futures premium, ₹
+3.30+0.6% to spot
Puts per call, by OI
0.53from 0.52 the session before
Max pain
650from 680 the session before

Source NSE UDiFF bhavcopy · HINDZINC on the desk →

Thread · HINDZINCAll HINDZINC bulletins →

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