Tata Steel share price continued with positive momentum on Monday and the stock touched intraday high at Rs 153.84 by the time of publication of this report.

Tata Steel share price continued with its positive momentum and the stock closed above Rs 150 after a long time.

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.

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.