Quick Wrap: Nifty Metal Index declines 1.63%, NIFTY Tumbles 1.15%

September 20,2023

Nifty Metal index ended down 1.63% at 6844.05 today. The index is up 4.00% over last one month. Among the constituents, Jindal Stainless Ltd slipped 4.00%, JSW Steel Ltd fell 2.73% and Vedanta Ltd shed 1.99%. The Nifty Metal index is up 10.00% over last one year compared to the 11.70% surge in benchmark Nifty 50 index. In other indices, Nifty Financial Services index is down 1.49% and Nifty Bank index has slid 1.29% on the day. In broad markets, the Nifty 50 has declined 1.15% to close at 19901.4 while the SENSEX is down 1.18% to close at 66800.84 today.

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