Hindustan Zinc shares surged over 3% on Friday, adding approximately Rs 6,815 crore to its market value. This rally was fueled by a weaker US dollar, soaring silver prices, and a positive Q1 business update. The company reported its highest-ever first-quarter mined metal production, despite a slight dip in silver output. The stock’s performance reflects a broader uptrend in metal stocks.
Why did market rise today? Sensex soars 890 pts, Nifty closes above 24,250; 4 factors behind Rs 4 lakh cr gains on D-Street
Indian stock markets experienced a significant surge on Wednesday. Benchmark indices Sensex and Nifty both rose over one percent. This occurred despite a sharp increase