Shares of steel companies continued their northward movement with sector giants such as Tata Steel and JSW Steel hitting their respective 52-week highs on Thursday after they reported a strong earnings during the recently concluded quarter.
JSW Steel gained 5 per cent to quote at Rs 354 and Tata Steel rallied 4 per cent to Rs 565 in their intra-day trade today while Steel Authority of India (SAIL) and Jindal Steel and Power (JSPL) were up 7 per cent and 6 per cent, respectively. At 02:37 pm, the S&P BSE Metal index, the top gainer among sectoral indices, was up 3