Metal stocks today: Mining and metal companies like Vedanta, Welspun, SAIL, and Lloyds Metal were among other stocks which were trading higher during the trading session on Tuesday, May 26, as investors focused on positive global cues amid rising commodity prices and lower crude oil rate in the market.
On Tuesday, the Nifty Metal index surged 1.1% to hit the day’s high of 13,495 points, compared to 13,345 points at the previous market session, according to NSE data.
The positive momentum among the metal stocks comes as investors focus on the higher price of commodities and precious metals in the global market, along with the lower cost of crude oil, which directly and indirectly impacts the company’s overall margins, respectively.
The crude oil prices were trading lower in the global market due to the renewed sentiment of a potential peace deal between the United States and Iran for the West Asia conflict.
Sectors like Metal & Mining are highly capital and energy-intensive, as the metal manufacturing companies use large quantities of crude oil derivative products such as petrol, diesel, etc., for various purposes like transport, freight, among other things.
With a fall in crude oil prices, the input cost needed for the operation of heavy equipment, shipping, mining, and transportation will also become lower due to the reduced fuel expenses.
The falling input costs also help aid the operational level earnings before interest, tax, depreciation, and amortisation (EBITDA) and the EBITDA margins for the companies.
The indirect impact of falling crude oil prices has a ripple effect on the rising demand for key metals, as the lower oil, along with reducing costs, improves the inflation situation in the economy, giving opportunity for infrastructure growth, a move beneficial for metal stocks.
Investing.com data showed that global benchmark crude oil prices were trading at $95.4 per barrel (bbl) as of 1:22 pm (IST). Crude oil prices have eased 10% in the last one week, benefiting the margin of these crude-oil derivative-linked companies and other oil processing firms.
Commodities like aluminium, copper, gold, silver, platinum, zinc, palladium, and lead were among other materials which were having higher prices on the global market on Tuesday, according to Investing.com data.
Nifty Metal gains 20% in 2026
The sectoral benchmark, the Nifty Metal index, has outperformed the overall benchmark NIFTY50 returns so far in the calendar year 2026, gaining nearly 20% year-to-date (YTD), according to NSE data.
The data further showed that the NIFTY50 index has lost more than 8% of shareholder value on a year-to-date basis in 2026, as the West Asia crisis, higher oil prices and supply chain disruption have rattled the global economy, including Indian markets.
Nifty Metal has delivered more than 168% returns in the last five years, over 126% gains in the last three years, and more than 44% returns in the past one-year period, according to the exchange data.
The index has gained 5.5% in the past one month and was trading 2.2% higher in the last five trading sessions on the Indian stock market.
Overall, the metal stocks have delivered strong performance in the March quarter of the financial year ended 2025-26, on the backdrop of strong domestic demand for steel and other key metals due to the rapid infrastructure development in the country.
Metal stocks in focus today
Vedanta: Vedanta shares surged 4.8% to hit their intraday high of ₹348.50 during Tuesday’s market session, compared to ₹332.50 at the previous market close, as per NSE data. The trading volumes of the stock surged past 30 million across the exchanges on May 26.
Shares of Vedanta were trading 2.6% higher in the last five trading sessions, but have lost 51% in the last one month period. The mining company carried out a demerger on May 1, 2026.
Adani Enterprises: Adani Group’s flagship stock, Adani Enterprises, shares surged more than 3% during the intraday session to ₹2,943 on May 26, compared to ₹2,849.70 at the previous market close.
Shares of the company have risen 7.7% in the last five days, and were trading more than 28% in the last one month period, as per the exchange data. The trading volumes of the stock surged to nearly 3 million shares as of the afternoon trading session.
SAIL: Steel Authority of India (SAIL) shares jumped 3.3% to hit their intraday high of ₹204.99 during Tuesday’s stock market session, compared with ₹198.32 at the previous market close, as per NSE data. The trading volumes surged past 21 million shares across both exchanges on May 26.
SAIL shares have gained nearly 14% in the past one month, and were trading more than 2% higher in the last five trading days.
Lloyds Metals and Energy: Lloyds Metals’ shares jumped nearly 4% to hit an intraday high of ₹1,868 during Tuesday’s trading session, compared with ₹1,801.40 at the previous market close, due to the company’s Q4 earnings announcement after the market hours on Monday.
Shares of Lloyds Metals have delivered 8.8% returns in the last one-month period, and were trading nearly 11% higher in the last one-week period on the Indian stock market, as per NSE data.
Trading volumes surged more than 7.59 lakh shares across the stock exchanges on May 26.
Welspun Corp.: Welspun shares gained 3% during the intraday trading session to hit a high of ₹1,337 on Tuesday, compared to ₹1,279 at the end of the previous market session, as per the exchange data. The trading volumes surged past 3.65 lakh during the market session.
Shares of Welspun have delivered more than 9.8% in the past one-month period, and were trading over 3.5% higher in the last five market sessions.
Other metal stocks like National Aluminium Co., Hindustan Copper, Hindustan Zinc, JSW Steel, Hindalco, and Jindal Steel were among the gainers on Tuesday. While Tata Steel, JSL, NMDC and APL Apollo Tubes were among the losers on the Nifty Metal index.