🔩 Nifty Metal Index Jumps 4.44%, Best Since March — Tata Steel, Lloyds Lead Rally

Metal stocks rallied sharply on Friday as tariff war fears eased, following US President Donald Trump’s announcement of a 90-day tariff pause. The Nifty Metal index surged 4.44%, marking its strongest gain since March 5, 2025.

🔼 Top Gainers on Nifty Metal:

• Lloyds Metals & Energy: +6.81% to ₹1,230 (intraday high)
• Tata Steel: +5.91% to ₹134.70 — buoyed by its Netherlands transformation plan

📈 Sector Momentum:

• Metals emerged as the top sectoral gainer, with renewed optimism around global trade and company-specific developments.

🗣️ Ajit Mishra, SVP at Religare Broking:

“A relief recovery in metals was seen following the tariff deferral. Tata Steel’s Europe restructuring also boosted sentiment.”