Why Hindustan Copper's stock is falling
Hindustan Copper's stock dropped 5.5% on Thursday, to an intraday low of ₹579 after a sharp fall in global copper prices.
This follows copper dipping 3.2%, losing some shine after last week's record highs.
Metal stocks can swing fast when global trends shift
If you've been tracking stocks or thinking about investing, Hindustan Copper has seen volatile trading recently.
But now, worries about weaker Chinese demand and higher inventories are making things shaky again.
It's a reminder: metal stocks can swing fast when global trends shift.
Weaker Chinese demand and higher inventories are making things shaky
A slowdown in China's buying and expectations of more copper supply have cooled off recent excitement.
After a big rally earlier this month, trading volumes dropped and fabricators started holding back due to higher prices—so both global factors and investor moods are driving these quick changes.