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Tata Steel hits ₹202.6 intraday high; gains 3.13% on March 5

ByArticle Source LogoSteelBazaar NewsMarch 05, 20261 min read
SteelBazaar News

Tata Steel shares snapped a three-session losing streak on Thursday, March 5, 2026, rising 3.13% intraday to a high of ₹202.6. The move outpaced the ferrous metals pack and also beat the broader market, with the Sensex up about 0.57% during the session—signalling a sharp rebound in the steel major.

On the technical map, Tata Steel moved back above its 50-day, 100-day and 200-day moving averages, pointing to strength in the medium-to-long-term trend. However, it still traded below the 5-day and 20-day averages, suggesting some near-term consolidation could continue even after the bounce.

Despite the day’s surge, the stock was still down 5.94% over the past week, while staying positive by 2.56% over one month. The stock’s Mojo Score stood at 75 (Buy) as of January 1, 2026, a step lower than its earlier Strong Buy tag.

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