Metal stocks shine on firm prices on LME

The BSE Metal index was up 0.97% at 15,959.71 and was the second best
performer among the sectoral indices on the BSE. It outperformed the
Sensex, which was up 0.50% at 16,272.67

Hindalco Industries (up 2.57%), Steel Authority of India (up 1.28%),
Sterlite Industries (up 0.19%), Hindustan Zinc (up 1.15%), Jindal
Steel & Power (up 1.48%), National Aluminium Company (up 1.31%), Tata
Steel (up 0.75%), and JSW Steel (up 1.12%), edged higher.

The BSE Metal had underperformed the market over the past one month
till 19 February 2010, falling 11.47% as compared to the Sensexs 7.40%
fall. However, it outperformed the market in the past one quarter,
falling 0.46% as compared to the Sensexs fall of 3.54%.

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