Monday, 14 August 2017

BSE Metal index shines, up 3%

S&P BSE Metal index soared by over 3% intraday on Monday’s trading session on the back of Jindal Steel. Jindal Steel was the top gainer on the index, trading higher by 7.65% at Rs 137 per share.
 
BSE Metal was trading in a bullish mood with all its stocks in the green zone. The index was trading higher by 3.46% at 12,705 levels. Vedanta was contributing majorly to the index gains, trading up by 4.59% at Rs 290 per share. Among others, Tata Steel, Hindalco Industries and JSW Steel were contributing more than 50 points to the S&P BSE Metal index gains.
 
Other stocks including National Aluminium Company Ltd was trading higher by 5.35% at Rs 65 per share, JSW Steel was up by 4.29% at Rs 233 per share, Tata Steel was up by 4.12% at Rs 620 per share and Hindalco Industries was up by 4.12% at Rs 230 per share. While, Hindustan Zinc, NMDC, SAIL were soared by over 3% and Coal India was up by 1.14% at Rs 237 per share.   



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