Metal Shares Fall After Weak Chinese Trade Data

Subscribe to GoodReturns
For Quick Alerts
For Daily Alerts

    Shares of metal companies fell after weak Chinese trade data. Chinese imports fell the most in eight months in November 2014. China is the world's largest consumer of copper, steel and aluminum.

    Jindal Steel & Power was down 2.65 per cent, Sesa Sterlite lower by down 3.21 per cent , JSW Steel (down 1.38per cent, Hindalco Industries down 2.51 per cent, and Tata Steel edged lower by 1.97 per cent.

    Metal Shares Fall After Weak Chinese Trade Data

    As per the data, imports fell 6.7 per cent in terms of value from last year while exports grew 4.7 per cent.

    At 2.40 PM IST, BSE Sensex was at 28143, down by 314 points, while the NSE Nifty was at 8454 down by 83 points.

    Read more about: jindal steel
    Story first published: Monday, December 8, 2014, 14:56 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'
    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more