Tata Steel to SAIL share prices rise up to 4%

The news flow around the Israel-Iran war had been adding to pressure on the metal stocks for the past. However, the news flow around the Israel-Iran ceasefire meant that the Nifty Metal Index jumped more than 2%. The Nifty Metal Index opened at 9,290.7 and gained further to intraday highs of 9,395.70, which meant gains of more than 2% during intraday trades. Steel Authority of India Ltd (SAIL) share price gained more than 4%, while Tata Steel and JSW Steel Jindal Steel and Power share prices gained more than 2%. NMDC share price also gained more than 3%, and Hindustan Copper share price, with more than 4% gains, was also among prominent gainers.