Quick Wrap: Nifty Metal Index rises 1.86%

Nifty Metal index closed up 1.86% at 3046.65 today. The index is up 2.00% over last one month. Among the constituents, Tata Steel Ltd added 6.75%, Jindal Steel & Power Ltd rose 4.75% and JSW Steel Ltd jumped 2.58%. The Nifty Metal index is down 18.00% over last one year compared to the 10.71% surge in benchmark Nifty 50 index. In other indices, Nifty Bank index added 1.53% and Nifty Private Bank index gained 1.46% on the day. In broad markets, the Nifty 50 increased 0.97% to close at 11754.65 while the SENSEX recorded a gain of 0.87% to close at 39067.33 today.

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