Quick Wrap: Nifty Metal Index declines 1.58%

Nifty Metal index ended down 1.58% at 5880.7 today. The index is down 13.00% over last one month. Among the constituents, Adani Enterprises Ltd shed 11.02%, Hindalco Industries Ltd added 1.84% and Welspun Corp Ltd fell 1.69%. The Nifty Metal index is down 2.00% over last one year compared to the 2.46% surge in benchmark Nifty 50 index. In other indices, Nifty IT index added 0.70% and Nifty Media index added 0.60% on the day. In broad markets, the Nifty 50 recorded a gain of 0.12% to close at 17893.45 while the SENSEX recorded a gain of 0.23% to close at 60806.22 today.

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