Bhushan Steel
Hindalco Industries
Hindustan Zinc
Jindal Saw
Jindal Steel & Power
JSW Steel
National Aluminium
NMDC
Sesa Goa
Steel Authority of India
Sterlite Industries
Tata Steel
Welspun Corp
Note
All the above stocks form the BSE Metal Index.
Metal Sector Index includes stocks from aluminium, copper, steel, zinc etc. producing companies and associated industries from mining to different end products.
- Stocks trading above 200 day moving average

Shares are shown in blue colour - Stocks trading below but close to 200 day moving average

Shares are shown in orange colour - Stocks trading much below 200 day moving average

Shares are shown in red colour
Metal Sector Trend
BSE Metal Sector Index is trading below 200 day moving average.
Out of 13 Metal stocks 5 are trading above 200 day moving average.
So, 38% of Metal stocks are trading above 200 day moving average.
Gold, silver and copper had a good run for quite some time.
Outperformer: National Aluminium, Hindustan Zinc, Bhushan Steel, Hindalco Industries.
Underperformer: Welspun Corp, Sesa Goa, Jai Corp, Steel Authority of India.
Buy for long-term: NMDC




