Tata Steel shares witnessed a bullish breakout with 4.5% gain over previous close. Tata Steel, SAIL and JSW Steel were among major gainers in steel sector.

Steel stocks were trading positive in today's session with Tata Steel and JSW Steel showing bullish signs on technical charts.

Motilal Oswal has reiterated its BUY rating on JSW Steel (JSTL), setting a target price of Rs 1,150, implying an 18% upside from the current market price of Rs 977.

Tata Steel Share price jumped 3.6 percent today after reports of steel major planning fund raising.

Tata Steel share price jumped 4.24 percent on Friday after RBI announced reduction in interest rates.

Tata Steel share price was down on Monday as overall market trend was negative after US President Donald Trump introduced tariffs on Canada, China and Mexico.