Sensex, Nifty end down as metal stocks drag
Click here to read full article from source
New Delhi, Dec. 3 -- India's benchmark equity indices closed lower on Tuesday dragged down by metal stocks after US President Donald Trump slapped tariffs on steel and aluminum imports from Brazil and Argentina, stoking fresh concerns over global trade.
BSE Sensex fell 126.72 points or 0.31% to close at 40,675.45. The Nifty 50 index ended at 11,994.20, down 54 points or 0.45%.
The BSE Metal Index fell 2.67% after Trump slapped tariffs on steel and aluminum imports from Brazil and Argentina. Jindal Steel, Tata Steel, Steel Authority of India, JSW Steel Ltd, Vedanta Ltd, Hindalco Industries, Hindustan Zinc and National Aluminium ended 1-6% lower.
Bharti Airtel shares fell nearly 3% to Rs.445.50 after Moody's said AGR dues are credit nega...
To read the full article or to get the complete feed from this publication, please Contact Us