The Nifty Metal index hit a new high of 12,816 in intra-day trade on Thursday and has bounced back 18% from its previous month low of 10,819.85 touched on March 23, 2026.
The Nifty50 is expected to close the fiscal year 2026 (FY26) with nearly 3 per cent loss, against a 5.3 per cent gain in the preceding financial year.