New Delhi, March 10 -- Stock Market today- The Nifty Metals index with gains of almost 9% in a month has outperformed the Nifty -50 index that has lost almost 4% during the same period. The expectations of safeguard duty by the government of India, the expected pick up in demand from China and base metal prices as that of Aluminium holding up steady despite multiple concerns on Trumps Tariff and trade war, as per analysts.

Jefferies India Pvt Ltd remains constructive on metals sector. As per Jefferies analysts Asian steel spread remains 20% below long-term average and has scope to expand. Indian steel prices are up 5% from December trough, and any safeguard duty can provide further support, boosting margins and valuations. They remain po...