Diabytes
Metal stocks News
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In the last two sessions, Sensex and Nifty fell more than 3 percent.
On the Nifty50 index, Tata Steel, Bajaj Finserv, Titan, Asian Paints, and Tata Motors were the top gainers while UPL, Eicher Motors, Powergrid, ITC and Hero Moto led the losses.
It opened at 48,969.25 and has so far touched an intra-day high of 49,202.77 and a low of 48,699.91 points.
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Selling in pharma, metal and private bank stocks capped the gains as investors turned cautious on expectations of likely continuity in Fed rate hike and rising oil prices.
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Market benchmark Sensex erased its early gains to end marginally lower at 29,894.80 Wednesday amid a sell-off in pharma and metal counters.
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The benchmark BSE Sensex recovered form early losses, trading higher by 32 points in late morning deals, while the Nifty hovered around 8,100-level.
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Metal stocks on Tuesday witnessed sharp sell-off, falling as much as 6.3 percent, amid renewed concerns over slowing growth in China, the biggest consumer of commodities.
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