Connect with us

Hi, what are you looking for?


Share market update: Metal index top loser among sectoral indices; Vedanta top loser of the pack

NEW DELHI: BSE Metal index emerged as the top loser among th..

NEW DELHI: BSE Metal index emerged as the top loser among the sectoral indices on Monday.

The BSE Metal index closed the day 1.72 per cent down at 13,175 with Steel Authority of India (SAIL) (up 1.58 per cent) as the lone gainer.

Vedanta (down 2.70 per cent), Hindalco Industries (down 2.63 per cent) and Hindustan Zinc (down 2.30 per cent) finished as the top losers in the index.

Jindal Steel & Power (down 1.96 per cent), Coal India (down 1.59 per cent), JSW Steel (down 1.38 per cent), Tata Steel (down 1.28 per cent), NMDC (down 0.58 per cent) and Nalco (down 0.51 per cent) also remained in the red.

Headline indices Nifty and Sensex ended the day in the negative territory after a choppy trade owing to losses in a majority of sectors, led by metals, bank, IT, capital goods, consumer durables and telecom. However, gains in oil and auto stocks kept the fall restricted.

The BSE Sensex fell for 74 points, or 0.21 per cent, settling at 35,548, while the Nifty finished Monday's session at 10,800, down by 18 points or 0.17 per cent.

Overall, 20 stocks remained in the green in the Nifty pack, compared with 30 stocks that went home with losses.

Sensex witnessed 11 stocks advancing and 20 declining at the end of today's trade.

Original Article


ET Markets


Click to comment

Leave a Reply

Your email address will not be published.