Metal and mining stocks powered higher in early trade on Monday, November 2, 2026, with several counters posting sharp gains on the National Stock Exchange. The broader market also advanced, with the Nifty 50 rising 1.23% to 23,336.
Tata Steel emerged as one of the top performers, climbing 4.15% to Rs 174.56. Jindal Steel & Power followed closely, advancing 3.74% to Rs 1,100.90. Coal India jumped 3.98% to Rs 404.50, while MOIL rose 3.87% to Rs 222.30.
Other notable movers included SAIL, which gained 2.53% to Rs 165.08, and Nalco, up 2.59% at Rs 322.70. Hindalco Industries advanced 1.93% to Rs 901.80. Vedanta rose 1.93% to Rs 242.49, and NMDC gained 1.77% to Rs 68.53.
JSW Steel traded higher by 1.85% at Rs 1,269. Hindustan Zinc moved up 1.24% to Rs 512.05. Maithan Alloys rose 1.17% to Rs 782, while Jain Resource Recycling climbed 1.39% to Rs 273.75.
APL Apollo Tubes gained 0.69% to Rs 2,180.10. CMR Green Technologies edged up 0.34% to Rs 198.61.
Welspun Corp was the only notable laggard in the pack, declining 1.53% to Rs 2,305.80.
The rally in metal stocks comes amid broader market strength, with the Nifty 50 trading firmly in positive territory during the morning session.
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