Share market update: Metal shares decline; Tata Steel dips 3%

Share market update: Metal shares decline; Tata Steel dips 3%

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NEW DELHI: Metal shares were trading lower in Monday’s session.

Shares of National Aluminium Company (down 3.34 per cent) , Tata Steel (down 2.76 per cent) , Steel Authority of India (down 2.64 per cent) , Hindustan Copper (down 2.53 per cent) , Jindal Steel & Power (down 2.44 per cent) , JSW Steel (down 2.17 per cent) , NMDC Ltd (down 1.49 per cent) , Coal India (down 1.41 per cent) , Hindustan Zinc (down 1.29 per cent) and Hindalco Industries (down 0.27 per cent) were the top losers in the index.

The Nifty Metal index was trading 1.34 per cent down at 1939.75 around 02:02PM.

Benchmark NSE Nifty50 index was down 154.60 points at 9818.3, while the BSE Sensex was down 556.0 points at 33224.89.

Among the 50 stocks in the Nifty index, 10 were trading in the green, while 40 were in the red.

Shares of Vodafone Idea, BHEL, Tata Motors, SBI, IDFC First Bank Ltd., RBL Bank Ltd., Zee Ent., Ashok Leyland, IndusInd Bank and Indian Oil Corp were among the most traded shares on the NSE.

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