JSW Steel shares up by more than 4%; Nifty, Sensex start the day in green

Indian equity markets have started the day in green, today, 31^st December, 2025. At 10 a.m. IST, Nifty 50 is up by 39.60 points or 0.15%. Sensex is up by 48.95 points or 0.058%.

Broad market indices in green

All the broad market indices are in green at this time. Nifty Smallcap 100 index is the top gainer among broad market indices at this time. It is up by 0.59%. Market expectation of volatility is down. Nifty VIX index is down by 2.13%.

Nifty Metal index top gainer

Among sectoral indices, Nifty Metal index is the top gainer at this time. It is up by 1.27%. Nifty PSU bank index is up by 0.96% at this time. Nifty IT index is the only one among sectoral indices that is in red at this time. It is down by 0.21%.

JSW Steel shares up by more than 4% after government imposes safeguard duty on steel imports

Top three gainers at this time are JSW Steel, Tata Steel and Titan. Top three losers are TCS, Indigo and Bajaj Finance. JSW Steel share price is up by 4.80% at this time, trading at Rs 1,165. The government has imposed a safeguard duty of up to 12% on select steel imports from countries such as Vietnam, China and Nepal. This measure will provide protection from cheaper steel imports to domestic producers like Tata Steel and JSW Steel. That is why steel stocks are rising sharply today.

Market breadth highly positive

Market breadth is highly positive at this time. 2023 stocks are gaining at NSE at this time. 782 stocks are declining. 41 stocks have touched their 52-week high by this time today, at NSE. 44 stocks have touched 52-week low.

Disclaimer : This content is only for informational purpose. It does not make any recommendation to act or invest.

Source: NSE