Tata Steel share price declined by 4.6 percent and the stock is currently trading near 52-week lows. As broader markets witnessed selling in today's trade, many stocks witnessed deep declines.

Tata Steel shares have managed to get support from lower levels and we could see uptrend in the coming sessions.

Tata Steel has largely disappointed long term investors with returns over the last 12 months. The stock was trading negative today with price opening at Rs 138.91 and touching a low of Rs 137.37.

Market expert Arman Nahar has suggested five BUY Calls and no SELL Call for today’s trading session.

Indian markets are expected to open slightly positive as the sentiment in the Indian markets is still positive. US markets closed negative for third session on Wednesday.

Tata Steel has announced elaborate capital expenditure plans to the tune of Rs 16,000 crore for its local and global operations.