Tuesday, August 18
Shares of National Aluminium Company Ltd (NALCO) fell as much as 5.7% to Rs 332.50 on Thursday, snapping a four-day rally that had lifted the stock 14% to record highs. The decline comes amid broad weakness in the metals sector, with all 15 constituents of the Nifty Metal index trading lower as investors booked profits after a record-setting run.Heavyweights including Hindustan Zinc, Hindustan Copper, Vedanta, and NALCO led the losses, as the Nifty Metal index emerged as the top sectoral laggard. Reports attributed the selling to profit booking following a rally that had pushed many stocks to multi-year or record highs, leaving valuations stretched.Commodities cool after recent highsThe downturn in metals shares mirrors weakness in commodity markets. On the Multi Commodity Exchange of Indi
