Hindalco & Coal India Contribute Most To BSE Metal Index Fall


The metal index is the worst performer in today’s trading session even as the broader market reels under pressure hours before the RBI policy announcement. Globally the markets are trading in red and thus affecting the sentiments here.

Hindalco is down by nearly 3.5%, Hindustan Zinc is down by 1.37%, Coal India is down by 1.34%, Vedanta is down by 1.28%, Sail is down by 1.22%, Nalco is down by 1.19%, Tata Steel is down by 1.17% and JSW Steel is down by 0.5%.

The S&P BSE Metal is down by 1.23% or 147 points at 11811.38 at 1300 hours. Hindalco is the biggest index loser. Hindalco and Coal put together are contributing to almost 64% of the index losses. In the previous three sessions, the BSE metal index rose almost 2.4%.

For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
✆ - 0731-6626222 | Toll Free - 1800-3010-2007 
Give a Missed Call for Free Trial - 09699997717 
Share on Google Plus

About Suhani Varma

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.

0 comments: