Metal Stocks Rally on Fed Rate-Cut Hopes, Silver at Record High
Metal stocks rose on December 10 as hopes of a US rate cut by the US Federal Reserve lifted sentiment. The Nifty Metal index topped sectoral gains. Silver hit lifetime highs, boosting Hindustan Zinc up 5%. Gains were also seen in Vedanta, Hindalco and TATASTEEL Tata Steel, while a few large players slipped marginally.
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