New Delhi, Jan. 1 -- Tata Steel shares began 2026 on a healthy footing, gaining another 1.2% in Thursday's intraday trade (January 1) to touch the day's high of Rs.182.20 apiece. This marked the fourth straight session of gains, as sentiment toward the sector improved following the Indian government's decision to extend import duties on steel products.

With today's uptick in Tata Steel's share price, the four-day cumulative rally reached 8%, which also pushed the stock to trade above a one-month high.

India has imposed a three-year safeguard duty of 12% on steel imports, according to a finance ministry order issued late on Tuesday, as the government aims to curb cheap shipments, especially from China. These measures were first introduce...