BSE Metal  Sector Index Scrips  9Jun17 Chart Strength 15Feb17 Chart Strength 25Jun15 Chart Strength
Coal India 26 22 1 strongest 
Hindalco Industries 3 3 5
Hindustan Zinc 23 5 2
Jindal Steel & Power 5 24 16
JSW Steel 8 17 3
National Aluminium 18 10 7
NMDC 24 12 10
Steel Authority of India 20 16 4
Tata Steel 4 1 strongest  8
Vedanta  9 4 12
S&P BSE METAL INDEX 70% 100% 20%

 Note

All the above stocks form the S&P BSE Metal Index.
Metal Sector Index includes stocks from aluminium, copper, steel, zinc etc. producing companies and associated industries from mining to different end products.

 

Other Metal  Stocks from BSE NSE  9Jun17 Chart Strength 15Feb17 Chart Strength 25Jun15 Chart Strength
APL Apollo Tubes  1 strongest 2  
Balasore Alloys 19 6  
Bhushan Steel 17 25 18
Gujarat Mineral Development Corporation  2 13 13
Gujarat NRE Coke 27 27  
Hindustan Copper  15 14 14
Jai Corp 14 19  
Jindal Saw 12 15 9
Kirloskar Ferrous Industries 10 9  
Maharashtra Seamless 6 7 17
MOIL  22 11 6
Orissa Min Dev Co. 25 21 15
Ratnamani Metals & Tubes  11 8  
Tata Sponge Iron 6 20 11
Usha Martin  16 18  
Uttam Galva Steels  21 26  
Welspun Corp 13 23  

 

Note
The above shares are not part of S&P BSE Metal Sector Index.

  • Stocks trading above 200 day moving average  laughing
        Shares are shown in blue colour
  • Stocks trading below but close to 200 day moving average smile
        Shares are shown in orange colour
  • Stocks trading much below 200 day moving average frown
        Shares are shown in red colour

 


 

Metal Sector Trend

BSE S&P Metal Sector Index is trading above 200 day moving average.
Out of 10 Metal Index stocks 7 are trading above 200-dma.
So, 70% of Metal stocks are trading above 200-dma.
BSE Metal Sector Index is trading above 20 and 50-dma but below 100-dma.
There is improvement in the price of commodities in recent times.
The price of metals, minerals and crude oil have moved up steadily.

Outperformers: APL Apollo Tubes, Gujarat Mineral Development Corporation, Hindalco Industries, Tata Steel.
Underperformers: Gujarat NRE Coke, Coal India, Orissa Min Dev Co.
 
 
Firms that got over 1/3rd coal blocks between 2004-2012
S No Company Reverse capacity of mines allotted (mt)
1 Jindal Steel & Power (Naveen) 2341
2 Strategic Energy Technology System 1500
3 Electrosteel Castings 1155
4 Bhushan Steel and Strips 1042
5 Jayaswal NECO 448
6 JSW (Sajjan Jindal Group) 353
7 Monnet Ispat 329
8 Essar Power 262
9 Bhushan Steel and Power 260
10 Tata Steel 250
11 Jindal Power (Naveen) 246
12 Bhushan Steel 237
13 Rungta Mines 232
14 Corporate Ispat Alloys 212
15 Bhushan Ltd 210
16 Utkal Coal 209
17 Jaiprakash Associates 195
18 Nalco 194
19 SKS Ispat & Power 190
20 Hindalco 189
[Source: dna dated 26 August 2014]


China overtakes India in gold consumption
 In tonne     India      China 
   2009     578.5    457.7
   2010    1006.3    639.2
   2011     986.3    779.8
   2012     864.2    806.8
   2013     974.8  1065.8
[Source: dna dated 19 February 2014]

 Related topic
PSU Metal & Mining
Commodities – NSE