 "Steel Industry, JSW steel, Tata, steel, SAIL, Steel Authority of India ,ArcelorMittal, Nippon Steel, VTB Capital,Essar Steel,Numetal,Vedanta steel, Vedanta, Electrosteel Steels,Bhushan Power & Steel, METAL INDUSTRY")
Shares of metal companies were under pressure with the Nifty Metal (down 3.3% at 3,117) and the S&P BSE Metal index (3.3% at 11,828) hitting their respective 52-week lows after more than 5% decline in market price of Tata Steel and Jindal Steel and Power (JSPL).
The metal indices plunged 20% from their recent highs recorded on April 19, 2018.
Besides these two stocks, Hindustan Copper, National Aluminium Company (Nalco), Hindalco, Steel Authority of India (SAIL), Vedanta and NMDC, from the Nifty Metal index, were down in the range of 3% to 4%. In comparison, Nifty50 index was
The metal indices plunged 20% from their recent highs recorded on April 19, 2018.
Besides these two stocks, Hindustan Copper, National Aluminium Company (Nalco), Hindalco, Steel Authority of India (SAIL), Vedanta and NMDC, from the Nifty Metal index, were down in the range of 3% to 4%. In comparison, Nifty50 index was
