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Hindustan Zinc shares crack 7% in two sessions. What’s behind the sharp slide?

Posted on May 18, 2026
By Business News Today
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1 min read

Hindustan Zinc shares crack 7% in two sessions. What’s behind the sharp slide?

Hindustan Zinc shares fell as silver prices crashed sharply on Multi Commodity Exchange of India. MCX silver plunged over Rs 5,000 per kg in a day and has corrected nearly 13% from recent highs following the governments import duty hike, amid rising Iran war tensions and fading hopes of a rate cut.