New Delhi, Dec. 17 -- Shares of mining giant Vedanta maintained their strong upward momentum on Wednesday, December 17, extending gains for the seventh consecutive trading session. The stock jumped another 2% on the day to hit a fresh all-time high of Rs.580.45 per share, taking the cumulative seven-day gain to 13.5%.

Besides Vedanta, key metal stocks also traded higher as base metal prices remained firm amid a softening U.S. dollar. Investor sentiment toward Vedanta has remained upbeat amid multiple positive developments, including the National Company Law Tribunal's (NCLT) approval of the company's plan to split into five separately listed entities.

The company has said that the proposed demerger is aimed at reducing debt, creating fo...