New Delhi, Feb. 1 -- Metal stocks came under intense selling pressure on Friday, January 30, mirroring the sharp correction seen in gold, silver, and other base metals. Shares of Hindustan Zinc Limited, Vedanta Limited, Hindustan Copper Limited, and National Aluminium Company Limited witnessed steep declines as weakening commodity prices hurt sentiment across the space. This marked the second straight session of losses for metal stocks after the crash in gold and silver prices.

Hindustan Copper slumped more than 19% to an intraday low of Rs.554.65. Hindustan Zinc dropped 13% to Rs.546.25, while NALCO slid nearly 12% to Rs.339.75. Vedanta also declined 10% to Rs.614.45 during the session.

The Nifty Metal index fell over 5%, emerging as t...