The broader metal index rises for a second session, up as much as 2.8 per cent at its highest since January 1. Most base metals rise on Monday after data showed signs of improvement in China's manufacturing sector and as indications of progress in US-China trade talks supported sentiment.
Hindalco Ltd and Jindal Stainless (Hisar) Ltd were among top-performing stocks on the index, gaining 5.4 per cent and 4.6 per cent, respectively. Hindalco posts biggest intraday per cent gain since October 1 last year, with about 9.1 million shares changing hands in nearly three hours, compared with 30-day average volume of about 8.1 million. Hindalco's relative strength index at 65.5, signalling further upside potential.
Vedanta Ltd carried gains into a fifth session, rising as much as 4.85 per cent. The stock breached its 100-day exponential moving average of Rs 186.66 while Hindalco eclipsed its 200-day moving average of Rs 216.56.