By 11, Aug. 25 -- Tata Steel closed on Monday at Rs.186.30, which was also the exact high of the session. It opened on Tuesday at Rs.186.30 and has not been there since.

49 IST the stock was quoted at Rs.183.95 on the National Stock Exchange, down Rs.2.35 or 1.26 percent, and at the same Rs.183.95 on the BSE. It has traded between Rs.183.50 and Rs.187.27 on 82.76 lakh shares, which is 36.7 percent of an average full day. The whole of Monday's Rs.3.30 gain has gone, and at the current price only 95 paise separate Tata Steel from where it stood on Friday. These are live intraday figures from a session that settles at 15:30.

Monday's move was described, correctly, as a sector move. Every large Indian metal producer rose on the back of stee...