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Metal shares slide

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Capital Market

Metal stocks were trading with losses, with the S&P BSE Metal index falling 349.02 points or 4.16% at 8050.69 at 13:52 IST.

Among the components of the S&P BSE Metal index, Tata Steel Ltd (down 6.3%), Jindal Steel & Power Ltd (down 5.09%),Vedanta Ltd (down 4.87%),Steel Authority of India Ltd (down 4.53%),Coal India Ltd (down 3.87%), were the top losers. Among the other losers were National Aluminium Company Ltd (down 3.78%), JSW Steel Ltd (down 3.74%), Hindalco Industries Ltd (down 3.05%), Hindustan Zinc Ltd (down 1.48%), and NMDC Ltd (down 0.9%).

At 13:52 IST, the S&P BSE Sensex was down 901.98 or 2.34% at 37568.63.

 

The Nifty 50 index was down 281.3 points or 2.5% at 10987.7.

The S&P BSE Small-Cap index was down 273.68 points or 2.01% at 13317.6.

The S&P BSE 150 Midcap Index index was down 95.96 points or 2.03% at 4626.02.

On BSE,355 shares were trading in green, 1939 were trading in red and 121 were unchanged.

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First Published: Mar 06 2020 | 2:00 PM IST

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