Market Now: Metal stocks dazzle for 8th straight session




Metal stocks have been bullish lately. NSEBSETata SteelLoading data…

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    ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESvedantaLoading data…

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      ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESJSW SteelLoading data…

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        ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESJindal Steel & PowerLoading data…

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          ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESHindalcoLoading data…

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            ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESAshok LeylandLoading data…

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              ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESAPL Apollo TubesLoading data…

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                ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESAmbuja CementsLoading data…

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                  ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESACCLoading data…

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                    ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESJindal Steel & PowerHindalcoAshok LeylandAPL Apollo TubesAmbuja CementsACCEXPAND TO VIEW ALL NEW DELHI: Displaying a dazzling show, Nifty Metal index hit fresh record high of 3,738.65 in Tuesday’s trade, extending gains for the eighth straight session.

                    Shares of APL Apollo Tubes (up 4.02 per cent), Tata Steel (up 3.35 per cent), Jindal Steel & Power (up 2.55 per cent) and JSW Steel (up 1.41 per cent) gained strongly in the index.

                    APL Apollo Tubes, Tata Steel, JSW Steel, Hindalco and Vedanta were among the metal stocks that hit fresh 52-week highs today.

                    The Nifty Metal index was 0.98 per cent up at 3,711 around 1.11 pm (IST).

                    Other sectoral indices such as PSU bank and pharma also gained over 1 per cent on NSE.

                    Domestic equity markets remained in the positive zone ahead of August CPI inflation and July IIP data discloser, due later in the day.

                    Firm Asian cues amid diminishing geopolitical tensions kept domestic markets aloft.

                    On the BSE, mid-cap and small-cap indices hit fresh record high of 15,994 and 16,601, respectively, on Tuesday.

                    Over 95 stocks, including ACC, Ambuja Cements, Ashok Leyland and Tata Steel hit fresh 52-week highs today.

                    In the Nifty50 pack, 36 stocks were trading in the green, while 14 stocks were in red.

                    On BSE, 1,384 stocks were advancing whereas 1,061 stocks were lagging.

                    For trending stocks and buzzing news, track this LIVE BLOG from Dalal Street




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