Quick Wrap: Nifty Metal Index registers a drop of 2.01%, NIFTY Crashes 1.08%

Nifty Metal index closed down 2.01% at 3976.85 today. The index has added 21.00% over last one month. Among the constituents, APL Apollo Tubes Ltd rose 5.69%, Hindustan Copper Ltd dropped 4.97% and Jindal Steel & Power Ltd fell 3.72%. The Nifty Metal index has increased 73.00% over last one year compared to the 34.04% spike in benchmark Nifty 50 index. In other indices, Nifty Financial Services index has slid 1.80% and Nifty Media index gained 1.60% on the day. In broad markets, the Nifty 50 has slid 1.08% to close at 15080.75 while the SENSEX has slid 1.16% to close at 50846.08 today.

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