Metal stocks, June 12 -- Amid the sharp crash in the Indian stock market today, June 12, metal counters emerged as one of the top casualties, with the 15-constituent Nifty Metal index declining 1.55%. However, this fall comes on the heels of a nearly 4% rally seen in the last one week.
Among the 15 metal stocks in the index, 14 closed in the red. Welspun Corp, APL Apollo, Tata Steel, SAIL, Vedanta and NMDC were among the top index losers, shedding between 2-3%. Hindalco, Hindustan Zinc, Adani Enterprises and NALCO also emerged among the losers, down between 0.5% to 1.75%.
Jindal Stainless shares were the only ones to defy the weakness in the metal pack and the overall broader market.
Analysts largely attributed the fall to profit takin...
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