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BSE LIVE NSE LIVE 26 Aug, 2025 12:21 Volume Todays L/H More ×

The shares of metal companies rose in trade on December 10 as investors increasingly expect the US Federal Reserve to announce a rate cut after the conclusion of its FOMC meeting later today.

A rate cut in the US could reduce borrowing costs for foreign investors, encouraging them to invest in higher growth markets in India. This boosts metal stocks.

The Nifty Metal index rose to 10,198.35, as seen at 11.15 am, snapping a two-day losing streak. It is currently the top gaining sectoral index on the market today.

Rising rate cut hopes:

Traders are now pricing in an approximately 89 percent chance of a 25-basis-point rate cut on Wednesday according to the

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