SAIL shares crash around 6%, making it the top loser in the Nifty Metal index amid China concerns
1 month ago

SAIL shares crash around 6%, making it the top loser in the Nifty Metal index amid China concerns

Live Mint  

Shares of Steel Authority of India Ltd saw a sharp decline on Friday, December 13, falling nearly 6 percent in intra-day trading, becoming the top loser in the Nifty Metal index. The Nifty Metal index, a key benchmark for metal stocks, also lost over 2 percent during the session, reflecting widespread pressure across the sector. While officials at China’s annual agenda-setting meeting promised more robust economic support, specific plans and their potential impact on the global metal market have yet to be clarified. The widespread sell-off highlights investor concerns about the impact of China’s economic strategies and global trade dynamics on the metal sector.

China Stock Metal Stocks Sail Metal Index Nifty Metal  making  shares  trade  china  metal  index  nifty  loser  sail  crash  stocks  economic  concerns  global  stock  chinas

History of this topic

Metal stocks tumble up to 5% amid lack of clear details on China’s stimulus plan
1 month ago

Metal stocks tumble up to 5% amid lack of clear details on China’s stimulus plan

Live Mint  

Metal stocks came under significant selling pressure in Friday's trading session, December 13, following a lack of specific details from a key Chinese economic conference, which led to disappointment among investors. Despite these moves, economists caution that more direct fiscal stimulus targeting domestic consumption will be necessary to fully revitalize the economy, especially amid concerns over a potential escalation in …

Stock market today: Sensex, Nifty 50 slip over 1% as post-Trump rally fades, metal stocks tumble
2 months, 1 week ago

Stock market today: Sensex, Nifty 50 slip over 1% as post-Trump rally fades, metal stocks tumble

Live Mint  

The Indian stock market ended Thursday's session in deep red as the optimism from the 'Trump trade' rally, which had followed the former President's significant victory in the 2024 US presidential election on Wednesday, failed to sustain its momentum today. Metal stocks faced significant selling pressure today as the sharp rise in the US dollar following Trump's victory caused volatility …

Metal stocks plunge sharply as China fails to introduce new stimulus measures
3 months, 1 week ago

Metal stocks plunge sharply as China fails to introduce new stimulus measures

Live Mint  

Metal stocks tanked today as investors were expecting Beijing to announce significant fiscal support, including trillions of yuan in bond issuances and initiatives to stimulate consumption. While the Indian stock market rebounded from a sharp six-day sell-off in Tuesday's trade, metal stocks experienced a significant decline, with many stocks in the Nifty Metal index dropping by as much as 4% …

Discover Related