Indian metal stocks rise on US-China trade talk optimism

HindalCo Industries

28/10/2025 05:26

** Indian metal stocks .NIFTYMET rise 1.2%, top gainer among 16 major sub-indexes

** U.S. and Chinese officials finalized a trade framework for Presidents Donald Trump and Xi Jinping to consider later this week

** Deal would halt heavier U.S. tariffs and Chinese rare earths export controls helping allay some worries among investors

** Jindal Steel JINT.NS and Tata Steel TISC.NS were the top gainers on the index, up 2.9% and 2%, respectively

** Motilal Oswal upgrades TISC to "buy" from "neutral" on strong domestic outlook

** YTD, sub-index up 22.25%, outpacing benchmark Nifty 50's .NSEI 9.5% rise

 (Reporting by Urvi Dugar in Bengaluru)

 ((UrviManoj.Dugar@thomsonreuters.com;))