Constant gains have been witnessed on metal space, where aluminum prices are trading at a 2-month high and nickel prices are trading at 1-month high. The Shanghai inventories are trading very close to all-time lows that were seen in the month of August in 2020 at around Rs 4,455 per tonne, right now the inventories stand at Rs 4,850 per tonne.

Watch the accompanying video of CNBC-TV18’s Manisha Gupta for more details.