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Metal stocks jump on renewed hopes of positive developments in US-China trade talks

25 Nov 2019 Evaluate

Metal stocks were trading higher after US national security adviser Robert O’Brien states that an initial trade agreement with China was still possible by the end of the year.

Tata Steel is currently trading at Rs. 413.70, up by 14.10 points or 3.53% from its previous closing of Rs. 399.60 on the BSE. The scrip opened at Rs. 405.00 and has touched a high and low of Rs. 414.80 and Rs. 404.00 respectively. So far 686591 shares were traded on the counter.

JSW Steel is currently trading at Rs. 257.95, up by 6.85 points or 2.73% from its previous closing of Rs. 251.10 on the BSE. The scrip opened at Rs. 252.50 and has touched a high and low of Rs. 260.60 and Rs. 252.50 respectively. So far 361132 shares were traded on the counter.

Steel Authority of India is currently trading at Rs. 39.60, up by 0.95 points or 2.46% from its previous closing of Rs. 38.65 on the BSE. The scrip opened at Rs. 39.20 and has touched a high and low of Rs. 39.90 and Rs. 39.05 respectively. So far 1078063 shares were traded on the counter.

Peers
Company Name CMP
JSW Steel 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.95
APL Apollo Tubes 2181.05
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