New Delhi, May 20 -- Indian metal stocks have made a strong comeback from their recent lows, delivering massive returns to investors in a very short span, driven by both global and domestic cues.

Six stocks from the Nifty Metal index have surged over 30% from their April 7 lows, with Nalco emerging as the top performer, gaining 33% to reach Rs.183 apiece. It was followed by Jindal Stainless, which rose 32.25%, while Hindustan Copper, Vedanta, Hindalco Industries, and NMDC rallied 26%, 22.7%, 21.4%, and 19.22%, respectively, during the same period.

The renewed interest in metal stocks was triggered after US President Donald Trump paused tariffs on major trading partners and engaged in active discussions for a broader trade deal, which wa...