Stock climbs to Rs 165.60 as global steel futures rebound on improved factory data from China and demand from the West.
Nifty Metal Index gains 1.1%, with peers like Welspun Corp (+3.6%) and NALCO (+2.1%) joining the rally.
China’s manufacturing PMI shows expansion, lifting iron ore and steel prices on Dalian and Singapore exchanges.
Technical indicators strong: Tata Steel trades above all key moving averages; RSI at 60.7 and MACD stays bullish.
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