Both the S&P BSE Metal index and the overall market indicator, Sensex, closed in negative zone on January 20, 2016. The metal index closed at 6,466.35, down 205.57 points (-3.08%) from the previous close of 6,671.92.
All global stock markets, such as CAC, DAX and FTSE, closed in the red. Hence, global cues dragged the Indian markets down as well.
On January 20, the market opened at 6,614.72 and hit the bottom at 6,353.30 during 2 PM. The day’s high was 6,614.72.
Apart from JSW Steel, all the other underlying stocks in the metal index reported negative growth. The stock price of Vedanta, Tata Steel and SAIL decreased by 7.99%, 2.63% and 2.82% respectively. However JSW Steel increased by 2.01%.
The movement of S&P BSE METAL in the last one year:
Performance of underlying stocks of S&P BSE Metal on January 20:
Company Name |
Industry |
Last |
Change |
%Chg |
Mkt Cap |
|
|
Price |
|
|
(Rs cr) |
Coal India |
Mining & Minerals |
297.95 |
-10.65 |
-3.45 |
188196.08 |
Hind Zinc |
Metals - Non Ferrous |
138.5 |
0 |
0 |
58520.67 |
Hindalco |
Aluminium |
67.7 |
-4.1 |
-5.71 |
13979.95 |
Jindal Steel |
Steel - Sponge Iron |
61.05 |
-2.85 |
-4.46 |
5585.49 |
JSW Steel |
Steel - Large |
1019 |
20.1 |
2.01 |
24631.48 |
NALCO |
Aluminium |
34.45 |
-0.3 |
-0.86 |
8878.59 |
NMDC |
Mining & Minerals |
80.95 |
-2.6 |
-3.11 |
32094.38 |
SAIL |
Steel - Large |
41.35 |
-1.2 |
-2.82 |
17079.72 |
Tata Steel |
Steel - Large |
231.7 |
-6.25 |
-2.63 |
22503.06 |
Vedanta |
Mining & Minerals |
63.9 |
-5.55 |
-7.99 |
18944.4 |