HINDALCO

Hindalco emerged as the Nifty 50's top gainer on Friday, driven by a surge in global metal prices and a risk-on sentiment following the US Supreme Court's ruling on tariffs. While most traders were eyeing the tech and banking recovery, Hindalco quietly led the Nifty 50 pack on Friday with a massive 3.33% jump, closing at ₹935.80. The global sentiment has shifted gears after the US Supreme Court struck down several trade tariffs, sparking a massive "Risk-On" rally in global commodities. Top Gainer Energy: the move was backed by strong delivery volumes, suggesting institutional "buying on dips." With copper prices hitting fresh multi-month highs on the LME (London Metal Exchange), Hindalco’s margins are looking set for a significant expansion in Q4. Technical Setup: The stock has sliced through its 20-day EMA like butter. If it clears the ₹950 resistance, we could be looking at a fast-track to ₹1,000. Metals are often the first to lead when global trade tensions ease, and Hindalco is the most efficient play in the Indian space right now