Shares of SAIL surged 8.2% to a 52-week high of Rs 143.20 ahead of its Q2FY26 results, buoyed by optimism in metal stocks. Analysts highlighted strong technical indicators and bullish momentum, with traders eyeing targets of Rs 145150. The stock has gained 24% in 2025 and 317% over five years.
Financials are leading the Indian market rally, with metals poised for a comeback driven by global commodity upcycles and China's structural changes. A revival in consumption is also anticipated, signaling a shift from capex to consumer-driven themes over the next 12-18 months.