scorecardresearchMetal stocks under pressure as govt hikes export duty on steel products; Nifty Metal tanks 8%

Metal stocks under pressure as govt hikes export duty on steel products; Nifty Metal tanks 8%

Updated: 23 May 2022, 11:32 AM IST
TL;DR.
The Nifty Metal index fell over 8 percent in intra-day deals, as against a 0.6 percent rise in benchmark Nifty.
The Nifty Metal index fell over 8 percent in intra-day deals, as against a 0.6 percent rise in benchmark Nifty. Photographer: Andrew Caballero-Reynolds/Bloomberg

The Nifty Metal index fell over 8 percent in intra-day deals, as against a 0.6 percent rise in benchmark Nifty. Photographer: Andrew Caballero-Reynolds/Bloomberg