At around 12.35 pm, the Nifty Metal index was trading at 3,868.15 higher by 1.2%. The index has climbed to the 3,900-mark in early deals, by touching an intraday high of 3,910.40.
On the index, MOIL and Hindustan Copper were top gainers soaring by nearly 5% each. NMDC advanced by 2.5%.
Stocks like JSW Steel and JSPL zoomed by nearly 2% each, while Ratnamani, Coal India, Tata Steel and NALCO advanced between 1-1.5%.
Meanwhile, SAIL and Hindustan Zinc surged nearly 1% each. Whereas, Midhani and Welspun Corp were marginally up. While Hindalco traded in the green, however, on a flat note.
APL Apollo was the only underperformer on the index, tumbling marginally. In early deals, the stock touched a fresh 52-week high of Rs1,142 per piece after the board of directors approved the scheme of amalgamation of Shri Lakshmi Metal Udyog Limited and Apollo Tricoat Tubes Limited with the company.