Steel shares gain on China economy hopes

Tags: Companies
Indian steel companies' shares gain, with Tata Steel Ltd up 2.2 percent on optimism ahead of China manufacturing PMI due on Friday.

Chinese steel and iron ore futures rose to their highest in more than a week.

Jindal Steel and Power Ltd gains 1.8 percent, and JSW Steel Ltd is up 0.65 percent. Sesa Sterlite Ltd is up 0.98 percent.

EDITORIAL OF THE DAY

  • India's engagement with Iran looks iffy without Farzad gas deal

    India’s quest for West Asian oil is not going to come too easy, anytime soon.

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

BK Chaturvedi

Time ripe for state funding of elections

Prime minister Narendra Modi had laid strong emphasis on improved ...

Rajgopal Nidamboor

The resonant cadence of our being

The real voyage of discovery,” wrote Marcel Proust, the French ...

Dharmendra Khandal

Biodiversity day has come and gone. Yet again

Every year on May 22, world celebrates international biodiversity day. ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture