Although, trading with marginal upside, yet Nifty Metal outperforms benchmark Nifty 50.
At around 1.51 pm, Nifty Metal trades at 4,472.45 up by 11.55 points or 0.26%. The index gained over 1% in the early trading session today.
The index has touched an intraday high and low of 4,528.20 and 4,462.20 respectively.
Coal India was the top gainer soaring by 1.3% followed by Vedanta surging by 1.08%.
Adani Enterprises and SAIL gained by 0.9% and 0.7% respectively. While Tata Steel and NALCO jumped over 0.6% each.
Stocks like Welspun Corp, MOIL and JSPL advanced marginally.
On the contrary, Hindustan Zinc was the top underperformer tumbling by 1.08%. The company is set to announce its March 2021 quarterly result on April 27, 2021.
While APL Apollo and NMDC followed with nearly 1% downside each. Hindalco slipped by 0.5%.
Ratnamani and JSW Steel dipped marginally.