The NIFTY Metal Index is a sectoral stock index on the National Stock Exchange (NSE) of India that tracks the performance of top metal and mining companies listed on the exchange.

The index consists of top companies engaged in the production and distribution of steel, aluminum, copper, and other metals, as well as mining activities.

It is a market capitalization-weighted index, meaning that companies with higher market value have a greater impact on its movement.

The index is affected by commodity prices, global demand, industrial growth, government policies, and economic conditions.

Investors can gain exposure to the index through index funds, ETFs, or by directly purchasing stocks of the companies included in the index.

The metal sector plays a crucial role in infrastructure and industrial development, offering growth potential during economic expansion but can be cyclical due to fluctuating commodity prices.

You can buy NIFTY Metal shares using the Navia App. Open a Free Demat account and add the scrip to the watchlist. Select buy and enter the bid quantity to buy the stock.

The share price of any stock is volatile and keeps changing throughout the day due to various factors. NIFTY Metal share price is “₹8834” as of “Wed,12Mar.”

NIFTY Metal today's high is 8972.55 and today's low is 8726.05.