Hindustan Copper shares plunged 17.43 per cent to hit a low of Rs 566.85. Hindustan Zinc Ltd and National Aluminium Company Ltd hit their respective 10 per cent lower circuit limits at Rs 566 and Rs 346.25, respectively.
Vedanta stock fell 8.31% to Rs 702.40 in the current session against the previous close of Rs 766.10.
Vedanta share price: Vedanta shares hit a record high of Rs 741.90 on BSE. Later, the stock closed 4.46% higher at Rs 737.10.
After witnessing a strong demand from institutional investors, Vedanta Ltd-led Hindustan Zinc's offer-for-sale shall open for subscription for on Thursday, January 29.
Shares of Hindustan Zinc are in focus as parent company Vedanta has launched an offer for sale to offload up to 1.59 per cent of its total holdings in the company.
The announcement of the OFS comes after a 51% rally in Hindustan Zinc stock in three months.
Vedanta share price: Vedanta stock reached a record high of Rs 688 on Monday against the previous close of Rs 682.95. Market cap of the firm rose to Rs 2.67 lakh crore.
Vedanta share price: The metal stock ended 6% higher at Rs 675.70 on Wednesday against the previous close of Rs 637.10. Market cap of the firm rose to Rs 2.64 lakh crore.
The National Company Law Tribunal (NCLT), Mumbai Bench, approved the Scheme of Arrangement involving Vedanta Ltd and its subsidiary, Talwandi Sabo Power Ltd (TSPL). In its order dated January 9, 2026, the tribunal cleared the proposed scheme, which also covers Vedanta Aluminium Metal Ltd, Malco Energy Ltd, and Vedanta Iron and Steel Ltd.
JSW Steel and Tata Steel are expected to outperform. The brokerage attributed this resilience to a superior sales mix, cost control measures, operational efficiency, and a steady growth in volumes.
MFs bought an additional 1.2 crore shares of IndiGo worth Rs 5,800 crore, Nuvama calculated. MFs held 8 crore IndiGo shares at the end of December against 6.8 crore shares at the end of November.





