New Delhi, Nov. 21 -- Hindalco Industries, Hindustan Copper, Jindal Stainless, and Hindustan Zinc were among the Nifty Metal constituents that came under sharp selling pressure in Friday's session (November 21), with losses of over 2%, putting the index on track for its biggest weekly drop in four months.

The pressure in these counters comes alongside a steady rise in the US Dollar index, which has held above the 100 mark, and is set to gain nearly 1% for the week. The rise in the greenback follows expectations that the Federal Reserve will refrain from cutting rates in December, with the mixed US jobs report doing little to change that outlook.

The strong US dollar is also weighing on base metal prices, with benchmark three-month coppe...