New Delhi, May 16 -- Shares of Tata Steel, Adani Enterprises, Hindustan Copper, Vedanta, and Hindalco Industries are set to close this week with gains of over 14% as investors' appetite for metal stocks resumed following an ease in trade tensions between the world's two largest economies, lifting bets that the demand for base metals will not be as badly impacted as previously projected.

In fact, India's metal sector has emerged as the biggest beneficiary following the trade deal between the US and China. Additionally, expectations of a revival in domestic demand in the current fiscal year, coupled with India's safeguard duties on steel imports, have made metal stocks recent hot picks on Dalal Street.

Moreover, fears of the global econom...