Metal stocks were among the top performers in Tuesday’s early trading session, witnessing notable gains across the board. The rally comes amid positive global cues and improved sentiment around industrial demand.
At 10:10 AM, shares of Steel Authority of India Ltd (SAIL) surged 2.37% to ₹156.80, leading the gains in the metal pack. MOIL Ltd followed with a rise of 1.89%, trading at ₹263.50. Hindustan Copper Ltd gained 1.61% at ₹317.50, while Hindalco Industries Ltd climbed 1.29% to ₹645.95.
Broader market sentiment for metal and mining stocks remained upbeat, possibly supported by expectations of increased infrastructure activity and firming base metal prices globally.
Other notable movers included Vedanta Ltd, up 1.25% at ₹450.15, and Jindal Steel and Power Ltd, gaining 0.86% at ₹998.95.
The BSE Metal index traded 1.2% higher, outperforming the broader market indices in early hours.
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