Quick Wrap: Nifty Metal Index falls 4.07%, NIFTY Tumbles 1.23%
Capital MarketNifty Metal index ended down 4.07% at 5910.1 today. The index has slipped 2.00% over last one month. Among the constituents, NMDC Ltd shed 5.57%, Hindalco Industries Ltd fell 5.26% and Jindal Steel & Power Ltd dropped 5.01%. The Nifty Metal index has soared 52.00% over last one year compared to the 11.61% increase in benchmark Nifty 50 index. In other indices, Nifty IT index has dropped 2.58% and Nifty PSE index has slid 2.34% on the day. In broad markets, the Nifty 50 has declined 1.23% to close at 16663 while the SENSEX has dropped 1.26% to close at 55776.85 today.
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