Quick Wrap: Nifty Metal Index gains 1.88%

Nifty Metal index ended up 1.88% at 3481.2 today. The index has gained 7.00% over last one month. Among the constituents, JSW Steel Ltd rose 4.48%, Vedanta Ltd jumped 4.31% and Welspun Corp Ltd gained 3.94%. The Nifty Metal index has soared 2.00% over last one year compared to the 17.25% increase in benchmark Nifty 50 index. In other indices, Nifty Commodities index gained 0.91% and Nifty Private Bank index has slid 0.74% on the day. In broad markets, the Nifty 50 has declined 0.22% to close at 11557.1 while the SENSEX has slid 0.22% to close at 38251.8 today.

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