Tata Steel share price jumps 5.83% to ₹177.37 on November 2
Indrashish Mitra
- 0 min read
Last Updated: 2nd November 2026 - 06:38 pm
Key Takeaways
- Tata Steel ended at ₹177.37, gaining 5.83%, and finished slightly above the rounded displayed session high of ₹177 due to source precision.
- Trading volume reached 32,271,109 shares, one of the highest figures among the November 2 Nifty 50 constituents.
- The close remained only ₹1.83 below the 50-day DMA of ₹179.20, while the six-month return stood at -16.08%.
Tata Steel share price closed November 2 at ₹177.37, gaining 5.83% from the previous close of approximately ₹168. The stock opened at ₹170, also the displayed low, and reached a rounded intraday high of ₹177. The closing figure carried greater precision at ₹177.37, an apparent difference created by source rounding. Volume reached 32,271,109 shares.
The narrow ₹7 rounded range accompanied a relatively large percentage gain because of the stock's lower nominal price. Tata Steel finished at the top of the reported daily band after opening ₹2 above the previous close.
The closing price also moved very close to the 50-day DMA. That average stood at ₹179.20, only ₹1.83 above the close. The 100-day DMA was ₹184.40, a gap of ₹7.03, while the 200-day DMA at ₹185.70 remained ₹8.33 higher.
Across the past 52 weeks, Tata Steel had traded between ₹160 and ₹224. The November 2 close was only ₹17.37 above the annual low and ₹46.63 below the high, leaving the share closer to the bottom of the yearly band.
Recent returns remained weak despite the strong daily rise. The one-month return was -0.35%, three months -6.49% and six months -16.08%. The one-year return stood at -2.99%.
November 2 was nevertheless a strong individual session. Tata Steel gained 5.83%, traded more than 32.2 million shares and finished almost exactly around its 50-day DMA, while the longer six-month return remained negative.
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