Quick Wrap: Nifty Metal Index gains 3.13%, NIFTY jumps 1.56%

Nifty Metal index closed up 3.13% at 5494.45 today. The index has slipped 4.00% over last one month. Among the constituents, Hindustan Copper Ltd added 10.06%, National Aluminium Company Ltd jumped 7.10% and Hindalco Industries Ltd gained 5.02%. The Nifty Metal index has soared 74.00% over last one year compared to the 28.61% increase in benchmark Nifty 50 index. In other indices, Nifty Private Bank index gained 2.48% and Nifty Bank index increased 2.47% on the day. In broad markets, the Nifty 50 witnessed a rise of 1.56% to close at 17176.7 while the SENSEX recorded a gain of 1.56% to close at 57633.65 today.

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