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Metal shares track rally in industrial metals 17-Sep-2012

Jindal Steel & Power (up 7.21%), Sesa Goa (up 4.59%), Sterlite Industries (up 4.31%), Sail (up 3.5%), Tata Steel (up 1.82%), JSW Steel (up 1.52%), Hindustan Zinc (up 1.28%) and NMDC (up 0.31%), edged higher.

The BSE Metal index was up 1.83% at 10,559.69. It outperformed the Sensex, which was up 0.65% at 18,584.53.

The BSE Metal index had underperformed the market over the past one month till 14 September 2012, falling 2.51% compared with the Sensex's 4.15% rise. The index had also underperformed the market in past one quarter, rising 1.04% as against Sensex's 10.71% rise.

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