Hindalco Industries Tanks Over 6% As Global Trade War Fears Hit Metal Stocks
Key Highlights:Hindalco Share Price MovementWhat’s Driving Hindalco’s Stock Decline?1. Trump's Tariff Shock2. Weak Sentiment in Metal Stocks3. Aluminium Market Uncertainty4. Profit Booking at Higher LevelsExpert TakeBroader Market ImpactTechnical OutlookHindalco Industries Ltd, one of India's largest aluminium and copper manufacturing companies, saw a sharp plunge in its stock on Thursday, April 4, as part of a broader market downturn driven by escalating global trade tensions. The metal sector, which is highly sensitive to global demand-supply dynamics and international policy shifts, bore the brunt of the market selloff.Hindalco Share Price MovementAs of 11:18 am IST, Hindalco’s share was trading at ₹613.35, down ₹39.30 or 6.02% from its previous close of ₹652.65....