Metal shares gain as China factory activity quickens

Mon Jun 23, 2014 11:25am IST

Employees are seen at the expedition facility of the Tata Steel rails factory in Hayange, Eastern France, September 25, 2013. REUTERS/Vincent Kessler/Files

Employees are seen at the expedition facility of the Tata Steel rails factory in Hayange, Eastern France, September 25, 2013.

Credit: Reuters/Vincent Kessler/Files

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Reuters Market Eye - Metal shares gain on hopes of better demand after a preliminary HSBC survey showed activity in China's factory sector expanded in June for the first time in six months as new orders surged.

Tata Steel (TISC.NS) gains 1.5 percent while Hindalco Industries (HALC.NS) is up 1.7 percent.

(Reporting by Abhishek Vishnoi)

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