New Delhi, Dec. 1 -- Multibagger mining stock Hindustan Zinc continued its strong momentum on Monday, December 1, extending its rally for the fifth straight session. The stock surged over 10% in the last five sessions, supported by a sharp spike in silver prices. In today's trade alone, the stock gained more than 3%, reflecting sustained investor optimism around metal prices and improving global cues.
The rally comes amid a combination of favourable factors: a softening U.S. dollar, rising expectations of a U.S. Federal Reserve rate cut, and a weakening rupee that hit a fresh record low against the dollar. These macro triggers, alongside a global supply crunch in silver, have significantly boosted sentiment for silver-linked companies-pa...
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