Metal shares shine on demand revival hopes; Hindalco, Vedanta soar 7%

At 10:36 am; Nifty Metal index was the top gainer among sectoral indices, up 4.4 per cent, as compared to 1.3 per cent rise in the Nifty50 index.

Shares of metal companies were in focus as Nifty Metal index gained 4 per cent at the National Stock Exchange (NSE) on Tuesday, amid hopes of China demand revival and value buying.

Among individual stocks, Vedanta and Hindalco Industries rallied 7 per cent at Rs 307.70 and Rs 419.70, respectively. Besides that, Hindustan Copper, National Aluminium Company, JSW Steel and Tata Steel were up in the range of 4 per cent to 6 per cent.

At 10:36 am; Nifty Metal index was the top gainer among sectoral indices, up 4.4 per cent, as compared to 1.3 per cent