Metal stocks rally: SAIL jumps 6%; Tata Steel, Hindalco, JSPL gain up to 4%

Tata Steel, Vedanta, JSW Steel, and Nalco were up in the range of 2.7 - 3.2 per cent.

Shares of metal companies rallied up to 6 per cent on the NSE on Thursday. The Nifty Metal index surged around 2.5 per cent and was the top sectoral gainer on the NSE.

At 09:42 am, SAIL was trading over 4 per cent higher at Rs 36.85. The stock hit a high of Rs 37.45, up 6 per cent in the early trade. Hindalco was up 3.7 per cent, JSPL was up 3.6 per cent while Hindustan Copper was quoting over 3 per cent higher at Rs 41.15. 

Other constituents of the index such as Tata Steel, Vedanta, JSW Steel and Nalco