Quick Wrap: Nifty Metal Index declines 1.50%

Nifty Metal index ended down 1.50% at 2947.95 today. The index is up 4.00% over last one month. Among the constituents, MOIL Ltd shed 3.09%, Jindal Steel & Power Ltd fell 2.75% and Tata Steel Ltd slipped 2.55%. The Nifty Metal index is down 22.00% over last one year compared to the 7.74% surge in benchmark Nifty 50 index. In other indices, Nifty IT index is down 1.11% and Nifty Media index has slid 1.00% on the day. In broad markets, the Nifty 50 has declined 0.21% to close at 11035.4 while the SENSEX has dropped 0.15% to close at 36671.43 today.
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First Published: Mar 08 2019 | 4:00 PM IST
