New Delhi, Jan. 15 -- The Indian metals and mining sector is expected to remain in favour during 2026, driven by supportive global macro factors, strong domestic demand, and recent policy interventions like safeguard duties, according to a report by HSBC Global Investment Research.

"Overall, we remain constructive on the Indian metals sector given a supportive global macro and under-ownership," the report said. It noted that while 2025 was dominated by base and precious metals, the news flow for the steel sector is expected to improve significantly in 2026.

The report highlighted several tailwinds for the industry, including a weaker US dollar, supply-side challenges in copper and aluminium, and robust balance sheets across the sector. ...