After a 133-points rally on Monday, the metal index came down 104.57 points on Tuesday on profit booking pressures.
On Monday, the metal index was significantly up, buoyed by the favourable deals conducted by some steel majors such as Tata Steel and Vedanta.
The S&P BSE metal index decreased 104.57 points (1.38%) to close at 7,495.80 on April 12 from the previous closing of 7,600.36. The highs and lows on April 12 were 7,571.93 and 7,478.38 respectively.
Global markets such as CAC, DAX and FTSE and the Sensex remained strong and were trading nearly 1% up.
The Sensex increased 123.43 points (0.49%) to close at 25,145.59
On April 12, most of the stocks on the S&P BSE Metal closed in the red. The maximum gain was registered by Vedanta, with the stock increasing 0.39% to close at Rs 90.6.
The maximum loss was registered by Coal India, with the stock decreasing -2.28% to close at Rs 274.25.
Movement of S&P BSE Metal over the last one year:
Price movement of stocks on S&P BSE Metal on April 12:
Company Name |
Industry |
Last |
Change |
%Chg |
Mkt Cap |
|
|
Price |
|
|
(Rs cr) |
Coal India |
Mining & Minerals |
274.45 |
-6.4 |
-2.28 |
173352.6 |
Hind Zinc |
Metals - Non Ferrous |
159.7 |
-0.4 |
-0.25 |
67478.34 |
Hindalco |
Aluminium |
91.9 |
-0.45 |
-0.49 |
18977.22 |
Jindal Steel |
Steel - Sponge Iron |
65.45 |
-0.4 |
-0.61 |
5988.05 |
JSW Steel |
Steel - Large |
1298.4 |
-2.7 |
-0.21 |
31385.19 |
NALCO |
Aluminium |
39.15 |
-0.55 |
-1.39 |
10089.89 |
NMDC |
Mining & Minerals |
100.7 |
-1.95 |
-1.9 |
39924.69 |
SAIL |
Steel - Large |
43.1 |
-0.65 |
-1.49 |
17802.56 |
Tata Steel |
Steel - Large |
324.15 |
-7 |
-2.11 |
31481.95 |
Vedanta |
Mining & Minerals |
90.6 |
0.35 |
0.39 |
26860.13 |