Maruti Suzuki, Tata Steel, Bajaj Finance, Jio Financial Services and Tata Motors were among major gainers on NSE Nifty on Thursday.

Tata Steel share price declined by 1.8 percent on Wednesday as selling pressure continued on the steel major.

Tata Steel stock surged 2.56 percent on Thursday after sustained buying in the counter. Other steel companies also witnessed strong performance including SAIL and JSW Steel.

Tata Steel share price declined one percent on Tuesday amid overall bearishness in the markets.

Tata Steel share price closed 1.2 percent higher on Thursday as research house Jefferies upgraded target price for steel major to Rs 200.

Tata Steel share price closed at Rs 163.10 on Friday. The stock has closed at 6 months high and we can expect further momentum in the steel major.