Comments
Shares of metal companies Tata Steel Ltd, Vedanta Ltd, Steel Authority of India Ltd, Hindalco Industries Ltd and Jindal Steel and Power Ltd fell between 3.4 per cent and 6.5 per cent.
Industrial metals on the London Metal Exchange slipped on Wednesday as Washington-Beijing trade tensions resurfaced, raising concerns over demand in the world's top metals consumer China.
Jindal Steel and Power stock hit its lowest level since October 5, 2017. Nifty Metal index fell as much as 3.5 per cent in its sharpest intraday fall since October 11. Hindalco Industries, which marks its biggest daily fall in over two weeks, is the top percentage loser on the weaker NSE index.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.