Nifty Metal plunges 3% amid weak US and China manufacturing data; JSW Steel, Tata Steel lead decline

Nifty Metal plunges 3% amid weak US and China manufacturing data; JSW Steel, Tata Steel lead decline

After a record-breaking performance in the previous trading session, Indian market struggled to maintain those gains today, with frontline indices losing over 1%. This decline was influenced by a sell-off in global peers, driven by weak US manufacturing and labor market data that reignited recessionary fears. Sector-wise, the metal sector was the hardest hit, with … Read more