Metal shares trades choppy; Tata Steel jumps 2%

The BSE Metal index is trading marginally down or 2.81 points at 7,350 as against the previous close of 7,353.

Metal stocks trading choppy on BSE after the government has imposed 5% import duty on iron ore pellets, as per media reports.

Tata Steel has jumped 2% to Rs.262. The scrip opened at Rs. 257.5 and has touched a high and low of Rs. 263.6 and Rs. 257.5 respectively. So far 4131744(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 24960.24 crore.

JSW Steel, SAIL and Vedanta is trading higher 1% respectively. Hindalco Industries currently flat at Rs.81.05 on BSE. Coal India slipped 1.6% to Rs.325 on BSE.

The BSE Metal index is trading marginally down or 2.81 points at 7,350 as against the previous close of 7,353.
The BSE Metal index opened at 7,379 and hits a high of 7,411.54 and a low of 7,336.20.