Notably, volumes have picked up sharply for the first time since November 12, 2025, indicating strong participation and conviction in the ongoing move of IndusInd Bank, said Ashish Kyal.
Metal stocks: The sharp rise in the share prices pushed the Nifty Metal index up more than 1% to hit a fresh 52-week high of 11,652.70.
Nifty Metal index climbed to a fresh record high of 11,433.80 during the session. Twelve of its 15 constituents settled in the green.
Monday’s rally was the sharpest single-day rise in the Hindustan Copper stock since April 2010, following a surge in copper prices to record levels on the London Metal Exchange.
Looking ahead, the 26,200–26,250 zone is likely to serve as a key barrier for Nifty 50. A convincing breakout above 26,250 could open the door for a swift upswing towards 26,500 and then 26,650 in the near term, said Sudeep Shah.
As India’s demand for critical minerals grows in the renewable-energy and technology sectors, Hindustan Copper continues to be central to the country’s mineral security and long-term resource planning, says HDFC Securities
Hindustan Copper shares opened 2.5% higher and climbed over 7% percent to hit a fresh high.
The market may remain range-bound, with support at the previous week’s low. Below are some short-term trading ideas to consider.
Anand Rathi is bullish on Hindustan Copper has recommended buy rating on the stock with a target price of Rs 450 in its research report dated November 18, 2025.
Fading hopes of a rate cut in December by US Federal Reserve also contributed to the negative sentiment towards metal shares
The market is likely to stay in positive terrain with improving sentiment. Below are some short-term trading ideas to consider.
Rangebound trading is expected to continue until the benchmark indices trade below the previous week’s high. Below are some short-term trading ideas to consider.
The market is expected to remain in positive terrain, supported by strength in technical and momentum indicators. Below are some short-term trading ideas to consider.
Copper also climbed because minutes from the Federal Reserve showed a willingness from participants to lower interest rates again this year
The market is expected to see some consolidation in the upcoming sessions after the recent sharp downmove. Below are some short-term trading ideas to consider.
Shanghai copper touched a six-month high on Thursday after Freeport-McMoran declared force majeure at its Indonesia Grasberg mine
The negative trend is expected to prevail in the market. Below are some short-term trading ideas to consider.
Hindustan Copper's shares are sharply higher by over 8 percent with combined volumes that are 12x the one-month average on September 12, helped by a slew of factors including the ambitious expansion plan and capex details.
Stocks to Watch, 7 August: Stocks like Eternal, Hero MotoCorp, Trent, Bharat Forge, BHEL, Lumax Industries, Jindal Stainless, Fortis Healthcare, Datamatics Global, Bajaj Holdings, Cash Ur Drive Marketing, and Renol Polychem will be in focus on August 7.
Copper stocks: US Comex copper futures jumped over 12% to hit a record high after Trump's announcement, which came earlier than industry expectations. The 50% tariff rate was also higher than analysts' expectations.
With the current expansion activities across all its three mines, the miniratna company looks to raise existing overall capacity from 3.75 MTPA to 12.2 MTPA by FY30.
Stocks to watch, 1 July: Stocks like CG Power and Industrial Solutions, Kalpataru Projects International, KSB, NCC, Bharat Electronics, HCL Technologies, Hindustan Copper, Kalpataru, Globe Civil Projects, and Ellenbarrie Industrial Gases will be in focus on July 1.
Copper prices shot up globally after record shipments to US, following Trump's tariff threats.