Real Estate and Metal Stocks Plunge Ahead of Fed Chief Powell's Speech
Real estate and metal stocks experienced significant declines on August 22, 2025, as investors anticipate the upcoming speech by US Federal Reserve Chair Jerome Powell at the Jackson Hole symposium. The Nifty Metal index and Nifty Realty index both saw substantial drops.
Real EstateMetal StocksFed Rate CutJerome PowellJackson Hole SymposiumReal Estate NewsAug 22, 2025
The Nifty Metal index declined over 0.7 percent to stand at 9,424, while the Nifty Realty index fell more than 0.5 percent to hover around 912, as seen at 10.20 am.
The American central bank is holding its annual symposium from August 21 to August 23 in Jackson Hole, Wyoming. Fed Chair Jerome Powell is scheduled to speak on the economic outlook and central bank's policy framework on Friday.
US President Donald Trump has criticized Powell multiple times for not cutting rates. In a Truth Social post, Trump referred to Powell as 'Jerome ‘Too Late’ Powell' and accused him of not acting promptly to reduce interest rates. He also stated that Powell is 'hurting' the housing industry 'very badly' and reiterated his call for a cut in key interest rates.
Most investors now expect a 25-basis-point Fed rate cut next month. 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 real estate and metal stocks. Additionally, investors expect the Reserve Bank of India (RBI) to follow the Fed in the pursuit of a rate cut, if any. This too can further impact the stocks.
JSW Steel and Jindal Steel & Power shares dropped over 1.3 percent each, while Steel Authority of India (SAIL) and Hindustan Zinc shares fell more than 1 percent each. Adani Enterprises, Hindustan Copper, Tata Steel, and National Aluminium Company (NALCO) shares fell nearly 1 percent each, while Hindalco, Vedanta, and Welspun Corp shares were down with marginal losses.
Raymond shares were the top loser on the realty index, dropping nearly 2 percent to trade at Rs 622 apiece. Oberoi Realty, Macrotech Developers (Lodha), DLF, and Anant Raj shares fell nearly 1 percent each, while Phoenix Mills, Brigade Enterprises, and Godrej Properties shares were down marginally in the red.
Frequently Asked Questions
What is the Jackson Hole symposium?
The Jackson Hole symposium is an annual economic policy symposium organized by the Federal Reserve Bank of Kansas City. It brings together central bankers, economists, and financial experts to discuss global economic issues.
Why are metal and real estate stocks falling?
Metal and real estate stocks are falling due to market uncertainty ahead of the speech by US Federal Reserve Chair Jerome Powell at the Jackson Hole symposium. Investors are anxious about potential changes in monetary policy and interest rates.
What impact could a Fed rate cut have on Indian markets?
A Fed rate cut could reduce borrowing costs for foreign investors, encouraging them to invest in higher growth markets like India. This could boost real estate and metal stocks in India.
How has US President Donald Trump criticized Jerome Powell?
US President Donald Trump has criticized Jerome Powell for not cutting interest rates promptly. Trump has referred to Powell as 'Jerome ‘Too Late’ Powell' and accused him of hurting the housing industry.
What are the expectations from the Reserve Bank of India (RBI)?
Investors expect the Reserve Bank of India (RBI) to follow the US Federal Reserve in the pursuit of a rate cut, if any. This could further impact real estate and metal stocks in India.
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