Non-Ferrous Metals Shine as NALCO and SAIL Lead Sector Surge

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StockEdge reports strong bullish momentum across key non-ferrous metal stocks, with Hindalco and NALCO outperforming.

By S JHA

Mumbai, October 29, 2025 — India’s non-ferrous metals sector continued to display strong momentum on Wednesday, according to market tracker StockEdge, which highlighted multiple stocks maintaining bullish trends across key timeframes.

In a post on its Telegram channel, StockEdge noted that Hindalco Industries recorded a significant momentum score jump to 90 (3M) and 82 (6M), suggesting robust strength. National Aluminium Company (NALCO) also showed consistent performance with scores of 78 (3M) and 87 (6M), sustaining its uptrend.

Vedanta and Hindustan Copper maintained their positions firmly in the bullish zone, continuing to benefit from rising global metal prices and strong domestic demand. However, Gravita India emerged as an underperformer, with its six-month momentum score plunging to 20, suggesting growing weakness in the stock.

“The non-ferrous pack looks healthy, hinting that the metals rally might have more room to run,” StockEdge said in its update.

On the broader market front, sentiment remained upbeat as the Nifty 50 closed around 26,065, up nearly 0.45%. Buying interest was visible across banking, metal, energy, oil & gas, and FMCG sectors, with key stocks like JSW Steel, SAIL, and Tata Steel buzzing in trade.

Market experts said investor optimism is being driven by expectations of strong corporate earnings and upcoming global economic data releases, which could provide further direction for commodities and equities alike.

With metal prices firming globally and industrial demand recovering, analysts believe the non-ferrous metals rally could sustain in the near term, supported by a favourable policy environment and stable economic outlook.

(This article makes no recommendation for buy or sell of shares of any company)