JSW Steel Hits Record High as Nifty Metal Index Extends Winning Streak

Today, as on 28 Oct 2025,

surged nearly 3% to hit an all-time high of ₹1,186.40, closing positive for the third consecutive session on the October series expiry day. The rally coincided with strength in the broader metal space, as the Nifty Metal Index rose over 1.2%, marking its fifth straight day of gains and touching a fresh all-time high. JSW Steel’s rise was supported by robust fundamentals, enhanced in-house raw material sourcing, operational efficiencies during Q2, and resilient domestic demand. The government’s three-year extension of safeguard duties further strengthened sentiment across the steel sector. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.