Hindalco, Nalco jump as aluminium prices hit 4-year high

Shares of Hindalco rose over 4% while Nalco gained up to 5% on Wednesday as global aluminium prices touched their highest level in nearly four years. The Nifty Metal index climbed around 3%, with all 15 constituents trading higher. Aluminium on the London Metal Exchange rose to $3,672.50 per metric tonne amid China supply concerns and West Asia tensions.