Five reasons why all metal stocks but one are shining in Monday’s trade

Metal stocks are among the top gainers in trade today, with the Nifty Metal Index climbing as 14 of its 15 constituents rose. The rally was led by steel majors like SAIL and JSW Steel, each up around 4%, driven by strong global cues, hopes of a US Fed rate cut, improving Chinese economic data, and fresh domestic safeguards on steel imports.

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