National Aluminium Company share price jumped by 4 percent in today's trading session. The stock touched intraday high of Rs 190 at the time of publication of this report. The stock has been trading firm since morning. National Aluminium stock has gained smartly over the last one month.

On August 16, the stock was trading at Rs 165 but today's session marks monthly high at Rs 190. The stock is close to its 52-week high of Rs 209.

The CALL Option premiums also firmed up by NATIONALALUM as the underlying stock price was trading strong.

Metal stocks have witnessed strong demand during the last few sessions with Tata Steel, Hindalco, Jindal Steel and SAIL witnessing strong buying support.

Indian markets were trading positive during the closing bell. NSE Nifty was marginally higher at 25382 (gaining just 26 points).

Markets are looking forward to US Federal Reserve's rate cut decision coming this week. US and global markets are waiting for the rate cuts and we could see a 50 basis points interest rate reduction by US Federal Reserve.