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Steel Shares Rally With JSW Steel Gaining Nearly 5% on Strengthening Sentiment
Steel stocks strengthened with JSW Steel up nearly 5%, driven by demand optimism and supportive manufacturing and infrastructure indicators.
Steel sector stocks attracted attention as JSW Steel recorded a nearly 5% gain amid broader demand optimism and positive cues from manufacturing and infrastructure activity. Other linked names also displayed strength, as participants priced in expectations of stronger domestic steel consumption and potential margin support from stable raw material costs. Infrastructure spending, global steel demand signals, and supportive policy narratives contributed to heavy metal stock interest in trading sessions.