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Metals Outperform, Pharma Adds To Gains Even As Markets Struggle
Indices at the time of writing this copy were trading weak jolted by the biggest one-day spike in Corona positive cases in India. On the Sensex, the drag has been of over 192 points. Nifty Bank also was weak by 75 points, nonetheless the gainer has been the broader markets.
Among sectoral indices, auto, financial services all saw a lag, the one sector that gained the most has been the Nifty Metal which at the time of writing the report was up by 1.66 percent.
Stock pushing the index higher include Tata Steel, Hindustan Zinc, JSW Steel, Sail and Jindal Steel.
And in the volatile move, amid expeditiously surging coronavirus some of the pharma names including Panacea Biotech, Cadila Health, JB Chemical and Pharmaceuticals and Apollo Hospitals have hit fresh high.
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