Live Market Update: Best Stock Tips on Indian Share Market, Tata Steel shares hit above 6-year high

Tata Steel, Best Stock Tips, Live Market Update, Indian Shatre Market, Money Maker ResearchShares of Tata Steel climbed to a 6 ½ year high on prospects of its deal with Germany’s ThyssenKrupp AG. The latter said on Monday that it may reach an agreement in this month to merge its European steel business with that of Tata Steel.
Tata Steel stock rose about 4.64 percent to 6 ½ year high of Rs 692 on BSE and was the biggest gainer in the Sensex today. Shares in ThyssenKrupp ended the day up 1.4 percent on Monday and have gained about 17 percent this year. Earlier, Tata Steel announced that it has concluded a new agreement under which its UK business stands separated from the 15-billion pound British Steel Pension Scheme (BSPS). Shares of Tata Steel surged more than 4.64 % and touched a 52-week high of Rs. 692 in the early hours today.

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