- SPOT
Pivot Levels
| Type | Classic | Fibonacci |
|---|---|---|
| R1 | 8,674.87 | 8,614.93 |
| R2 | 8,763.93 | 8,671.83 |
| R3 | 8,915.97 | 8,763.93 |
| PP | 8,522.83 | 8,522.83 |
| S1 | 8,674.87 | 8,614.93 |
| S2 | 8,281.73 | 8,373.83 |
| S3 | 8,192.67 | 8,281.73 |
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FAQs
The Nifty Metal Index comprises companies from the metal and mining sector listed on the National Stock Exchange (NSE) of India. This index tracks the performance of companies engaged in mining, production, processing, and distribution of metals such as steel, aluminium, copper, and zinc. Investing in the Nifty Metal Index provides exposure to India's metal industry, which is pivotal for infrastructure development, manufacturing, and global commodity markets. It serves as a benchmark for monitoring the performance of metal stocks in the Indian equity market.