The Metal Index started on bullish note but lost steam as the morning session progressed. However, it has picked steam now, and at around 11.45 am, the sector was trading at 2,824.25 up 7.70 points or 0.27% after opening at 2,829.00 and touching a high of 2,839.20 and low of 2,804.30.
Metal stocks have been among the gainers in recent times due to various stimulus packages announced throughout the world post the Covid-19 lockdown.
The overall sentiment of the market was bearish. BSE Sensex was trading at 43,727.08 down 101.02 points or 0.23% and Nifty50 at 12,834.25 down 24.15 points or 0.19% (11.50 IST).