Metal Stocks Rise for Third Day on Soaring Global Prices and Strong Demand

Indian metal stocks continued their upward trend for a third consecutive day on January 14, fueled by soaring global metal prices and strong demand outlook. Key commodities like copper and silver reached record highs, with silver surpassing $90 per ounce and copper hitting an all-time high on the London Metal Exchange. Vedanta saw a significant jump, reaching a record high after a brokerage reiterated a 'buy' rating and raised its price target, citing potential value from a proposed demerger. The Nifty Metal index has shown strong performance this year.