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Metal Stocks Ignite Market Rally: Sensex Jumps 139 Points in Bold Recovery Move

Metal Stocks Ignite Market Rally: Sensex Jumps 139 Points in Bold Recovery Move

Published:
2025-09-02 19:38:52
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Metal stocks drive market recovery as Sensex gains 139 points

Metals flex muscle as markets shake off sluggishness—Sensex claws back 139 points in sector-driven surge.

Heavy Metal Revival

Forging ahead when other sectors stall, metal stocks carried the entire index on their backs. No fancy algorithms or fintech buzzwords—just raw, industrial might doing the heavy lifting.

Green on the Screen

Investors watched the Sensex climb steadily throughout the session, fueled entirely by mining and metal equities. Because sometimes the oldest plays still deliver the freshest gains—even in an era obsessed with digital everything.

Old Economy, New Wins

While crypto traders stare at candles and DeFi yields, traditional metal stocks quietly posted the day’s strongest performance. Proof that sometimes the smart money is still… metal.

Markets closed up, metals shining—because in a world of speculative assets, it’s almost refreshing to see something actually made of metal actually making money.

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Metal stocks emerged as the session’s top performers, with Tata Steel surging ₹7.81 (4.93 per cent) to ₹166.20, JSW Steel climbing ₹34.10 (3.27 per cent) to ₹1,078.10, and Hindalco advancing ₹17.95 (2.49 per cent) to ₹738.90. Titan Company added ₹55.50 (1.53 per cent) to ₹3,676.10, while IndusInd Bank ROSE ₹10.40 (1.38 per cent) to ₹761.60.

Information technology stocks weighed on the indices, with Infosys declining ₹19.30 (1.29 per cent) to ₹1,479.40 and TCS falling ₹13.00 (0.42 per cent) to ₹3,098.50. Insurance major HDFC Life Insurance dropped ₹9.05 (1.16 per cent) to ₹773.70. Consumer stocks also faced pressure, with Trent slipping ₹19.00 (0.35 per cent) to ₹5,393.00 and Nestle India down ₹3.80 (0.32 per cent) to ₹1,197.10.

Market breadth remained positive with 2,517 stocks advancing against 1,431 declines on the BSE, while 156 remained unchanged. A total of 105 stocks hit 52-week highs compared to 57 touching new lows. Some 208 stocks were locked in upper circuits while 130 hit lower circuits.

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Sectoral performance showed mixed trends, with Nifty Next 50 gaining 409.50 points (0.61 per cent) to 67,426.95 and Nifty Midcap 100 rising 202.05 points (0.35 per cent) to 57,178.70. Banking stocks showed modest gains with Nifty Bank up 125.95 points (0.23 per cent) to 53,790.40, while Nifty Financial Services edged higher by 21.65 points (0.08 per cent) to 25,594.05.

The market’s recovery from morning lows reflected renewed buying interest in beaten-down metal stocks and cautious Optimism surrounding potential GST reforms. Investors remained focused on the GST Council’s deliberations on the proposed two-slab structure, which could benefit consumption-driven sectors if implemented.

Trading volumes remained robust across key counters, with Tata Steel recording the highest turnover of ₹65,826.63 lakhs on volumes of 4.02 crore shares. Global factors including higher US bond yields and trade tensions continued to influence sentiment, though domestic fundamentals provided underlying support to the market.

Published on September 3, 2025

Companies to follow
  • Tata Steel Ltd
  • JSW Steel Ltd
  • Hindalco Industries Ltd
  • Titan Company Ltd
  • IndusInd Bank Ltd
  • Infosys Ltd
  • Nestle India Ltd
  • HDFC Life Insurance Company Ltd

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