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#Metal stocks likely to be under pressure

#Aluminium prices slip to 2 week lows Strong USD weighs

#Nickel falls to 3 week lows China factory output slows

#Copper falls to 2 month lows -China flags new rules for commodity price index from Aug 1
#HindZinc Q1 Business Update: Mined #metal up 2% at 257 kt Vs 252 kt (YoY)

◼️Integrated saleable metal (refined #zinc + refined #lead) flat at 260 kt (YoY)

◼️Saleable silver #production up 1% at 5.8 moz Vs 5.7 moz (YoY)

◼️#Wind power generation down 13% at 130 MU Vs 150 MU (YoY)
#Metal stocks surge, #Nalco & #SAIL rise more than 3% each
#Russian #metal hit with #sanctions as US blocks deliveries to London Metal Exchange
Sharp fall is seen in broader markets, #midcap index down 1,000 points, market breadth worsens, NSE advance-decline ratio at 1:4

Sell-off in #metal stocks, JSW, Hindalco amongst top nifty losers
#Metal stocks extend gains, Nifty metal, #NMDC up for 8th straight session each