Metal stocks momentum may continue on hope of China demand...Expects positive for Tata Steel, SAIL, Hindalco, Jindal Steel, JSW Steel
Metal stocks are witnessing fresh buying after a fall in the last few sessions. Strong quarterly results announced by SAIL and hope of improved China demand boosted metal stocks. Market expects that metal demand may rise ahead of China’s plan for faster construction activities. Expects positive for Tata Steel, SAIL, Hindalco, Jindal Steel, JSW Steel.