Nifty Metal index cracks 3.74%. Top losers: COMPANY LATEST PREV CLOSE LOSS() LOSS(%) VEDANTA 252.65 269.95 -17.30 -6.41 TATA STEEL 540.05 576.80 -36.75 -6.37 JINDAL STEEL 226.15 240.35 -14.20 -5.91 S A I L 68.45 72.55 -4.10 -5.65 NATL. ALUMINIUM 70.60 73.45 -2.85 -3.88 Top losers in BSE Oil and Gas COMPANY LATEST PREV CLOSE LOSS() LOSS(%) H P C L 286.00 312.10 -26.10 -8.36 B P C L 375.20 397.30 -22.10 -5.56 O N G C 175.20 184.30 -9.10 -4.94 I O C L 153.60 161.55 -7.95 -4.92 OIL INDIA 231.00 238.55 -7.55 -3.16 Nifty sectoral losers of the day BSE Sensex: SBI top gainer of the day; Tata Steel, ONGC among top losers Market at close The S&P BSE Sensex ended at 34,345, down 306 points while the broader Nifty50 index settled at 10,430, down 106 points. Metal shares under pressure; Tata Steel, JSPL, Vedanta down over 5% Shares of metal companies were under pressure with Tata Steel, Jindal Steel and Power (JSPL) and Vedanta slipping more than 5% on the National Stock Exchange (NSE). Steel Authority of India (SAIL), National Aluminium Company (Nalco), Hindustan Zinc, JSW Steel, Hindalco Industries and NMDC were down in the range of 1% to 4%. READ MORE
Asian shares were mostly weaker on Wednesday with investors cautious after US President Donald Trump tempered optimism over progress made in trade talks between the world's two largest economic powers.
MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.3 per cent, while Japan's Nikkei lost 1.2 per cent to end at a one-and-half week low and the Shanghai Composite Index retreated 1.1 per cent.
Beyond geopolitics, the Federal Reserve will release minutes of its latest policy meeting later today.