Hindustan Copper Drops 4% on US Tariff Blow

  Published 11 months ago

Hindustan Copper slumped 4.04% as Trump announced a 50% US tariff on copper pipes and wiring from Friday.

  • Copper prices plunged ~22%, triggering declines in metal stocks including Vedanta and Hindalco.
  • Vedanta and Hindalco slipped 1.17% and 0.2%, reacting to global tariff news and falling copper prices.
  • The broader NSE index held steady as investors viewed Trump's India tariff warning as a negotiation tactic.

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