Mining stocks suffer as market declines
The Indian stock market slipped on Monday, with the Sensex falling 247 points and Nifty50 down 68 points.
Mining shares led the drop, though a few like Ashapura Minechem and Coal India managed to edge up despite the turbulence.
India's infrastructure push and clean energy projects boost mining stocks
Mining stocks are closely tied to India's big plans for infrastructure and steel growth.
While some companies gained thanks to clean energy projects and demand for minerals used in EVs, others struggled as the sector stayed unpredictable.
Coal India shows strong revenue growth, enters solar space
Global uncertainty fueled the decline.
Mining stocks are especially sensitive to swings in commodity prices and world events—but they could still benefit from India's push for more infrastructure and rising demand for minerals like zinc.
Notably, Coal India is showing strong revenue growth while branching into solar energy and graphite mining, signaling potential even when markets get rocky.