Toh bhaiyo, kya hua aaj? Global market mein US Federal Reserve ke naye chair ke liye Kevin Warsh ka naam announce hua hai, aur yeh banda inflation ko lekar kaafi strict hai. Is hawkish news se dollar strong ho gaya aur real yields bhi badh gaye. Isi wajah se jin logo ne commodity mein paisa lagaya tha, unhone jaldi jaldi profit book karna shuru kar diya.
Isi ka asar dikha Indian metal stocks par, Nifty Metal index seedha 4.6% neeche gir gaya. Sirf Sunday ko hi nahi, pichhle do din mein bhi index 10% kamzor ho chuka tha, aur January mein jo 6% ki tezi aayi thi, woh bhi gayab ho gayi.
Stocks ka toh bura haal hai. Hindustan Copper toh 17% lagate hue ₹572 par aa gaya, yaani do din mein 25% ki giraavat! Hindustan Zinc bhi 14% neeche ₹543.55 par aa gaya, jo do din mein 24% kamzor hua hai. Nalco aur Vedanta bhi 10% gir gaye aur Hindalco 8% toot kar ₹888.50 par aa gaya.
Aur Hindustan Zinc ke liye toh yeh situation aur bhi critical hai. Unka Offer for Sale (OFS) floor price ₹685 tha, lekin share uske neeche ₹543.55 tak gir gaya. Company ka performance toh achha tha, 9 mahine mein ₹14,309 crore ka OPBITDA kamaya, jo pichhle saal se 14% zyada hai. ICRA toh FY26 mein ₹18,000-19,000 crore ka OPBITDA expect kar raha tha. Lekin abhi market ka mood commodity stocks ke khilaaf lag raha hai.
Brokerages keh rahe hain ki yeh bas profit booking aur macro adjustment hai, koi bada bear market nahi. Lekin jab tak US Fed policy aur clear nahi hoti, tab tak metal sector mein thodi volatility rehne ki ummeed hai.