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Business Standard

Metal shares witness selling pressure

Capital Market 

Shares of 10 metal and companies fell by 1.58% to 4.04% at 14:17 IST on BSE after copper price edged lower in the global commodities markets.

(down 4.04%), (down 3.84%), Vedanta (down 3.7%), Steel Authority of (down 3.69%), (down 3.29%), (down 2.69%), (down 2.08%), (down 1.78%), (down 1.77%) and NMDC (down 1.58%), edged lower.

The BSE Metal index was down 3.12% at 12,573.17. It underperformed the Sensex, which was up 0.27% at 36,336.57.

Copper edged lower in the global commodities market. High Grade Copper for September 2018 delivery was currently off 2.75% at $2.7615 per pound on the COMEX.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, July 11 2018. 14:18 IST