Metal stocks were trading in red, with the S&P BSE Metal index decreasing 360.09 points or 5.67% at 5994.08 at 13:53 IST.
Among the components of the S&P BSE Metal index, Jindal Steel & Power Ltd (down 8.89%), Hindalco Industries Ltd (down 7.64%),Tata Steel Ltd (down 7.31%),Steel Authority of India Ltd (down 6.62%),Vedanta Ltd (down 5.59%), were the top losers. Among the other losers were JSW Steel Ltd (down 5.16%), NMDC Ltd (down 3.96%), Coal India Ltd (down 3.95%), Hindustan Zinc Ltd (down 3.5%), and National Aluminium Company Ltd (down 2.49%).
At 13:53 IST, the S&P BSE Sensex was down 1151.32 or 3.64% at 30496.68.
The Nifty 50 index was down 314.45 points or 3.4% at 8947.4.
The S&P BSE Small-Cap index was down 329.74 points or 3.03% at 10557.17.
The S&P BSE 150 Midcap Index index was down 110.86 points or 2.91% at 3701.05.
On BSE,626 shares were trading in green, 1656 were trading in red and 149 were unchanged.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app