Quick Wrap: Nifty Metal Index gains 3.85%, NIFTY jumps 1.00%

Capital Market 

Nifty Metal index closed up 3.85% at 2925.05 today. The index has gained 24.00% over last one month. Among the constituents, Steel Authority of India Ltd added 8.13%, JSW Steel Ltd gained 6.19% and Jindal Steel & Power Ltd jumped 6.12%.

The Nifty Metal index has soared 12.00% over last one year compared to the 7.32% increase in benchmark Nifty 50 index. In other indices, Nifty PSU Bank index gained 1.93% and Nifty Financial Services index added 1.61% on the day. In broad markets, the Nifty 50 recorded a gain of 1.00% to close at 12987 while the SENSEX recorded a gain of 0.98% to close at 44259.74 today.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, November 26 2020. 16:00 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU