Hindustan Copper Hits Record High Amid Global Copper Price Surge and Supply Concerns
1 hour agoBusiness
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7 SourcesMumbai, India
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Hindustan Copper Hits Record High Amid Global Copper Price Surge and Supply Concerns

Hindustan Copper shares have surged to record highs, driven by a significant rally in global copper prices. This surge is attributed to increasing demand from technology and clean energy sectors, coupled with supply constraints in major producing countries like Chile and Indonesia. Factors such as expectations of US Federal Reserve rate cuts, China's policy support for infrastructure, and a weaker dollar are also contributing to the positive sentiment in metal stocks, including Hindustan Copper.

Political Bias
10%71%19%
Sentiment
74%