Tuesday, December 16, 2025 | 08:33 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Nifty Metal index surges 3%; JSW Steel, Jindal Steel up 6%

Nickel prices at LME rose to a nine-month high on demand from China.

metals sector, lead, copper, aluminium, steel
premium

Base metals prices rallied for the second consecutive week as lower supply concerns, demand growth optimism, and dollar weakness boosted prices for the week.

SI Reporter Mumbai
Shares of metal companies were in focus on Tuesday, with Nifty Metal index surging 3 per cent on the National Stock Exchange (NSE) on the expectation of demand recovery.

Jindal Steel and Power (JSPL) and JSW Steel were up 6 per cent each at Rs 217 and Rs 285, respectively on the NSE. Hindalco, Tata Steel, Steel Authority of India (SAIL), and National Aluminium Company were up 3 per cent to 5 per cent.

At 03:04 pm, the Nifty Metal index, the top gainer among sectoral indices, was up 3 per cent at 2,490 points, as compared to a 0.55 per cent