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

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.

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