The index was trading 3.81 per cent up at 3922.6.
The overall momentum, when it comes to pricing, continues to be very strong in metal stocks -- be it copper, aluminium or steel, says the Equity Strategist & Senior Group VP, MOFSL.
Elevated bond yields and resurgence in Covid cases have dented sentiments in Mumbai and halted the rally in the share market.
Bullion prices made strong comeback after previous week’s decline while base metals prices continued upside with China demand.
The index was trading 1.72 per cent up at 3613.2.
The ferrous metals pack is the more reliable pack. There are lesser technical inputs and closer linkage to world economic and infrastructure related recovery, says the MD & CEO, Sundaram Mutual
The index was trading 1.41 per cent up at 3626.55.
The Nifty Metal index was trading 0.18 per cent up at 3576.4.
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