The metal index crashed 1434 points on the back of adverse reports

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MUMBAI: The metal index plunged 18 points in early trade on the back of various unfavorable reports, with the stock market plunged sharply today.

With geopolitical tensions over Afghanistan, the US signaled a halt to stimulus and on the other hand, increasing regulation in China, amid speculation of a negative impact on the global economy, the possibility of a decline in demand for steel, including metals. As a result, the BSE Metal Index fell by 12.5 points to close at 12.5.

NMDC fell by Rs 19.5 to Rs 151.05, Vedanta by Rs 2.50 to Rs 4.5, Tata Steel by Rs 19.05 to Rs 19.50, Jindal Steel by Rs 21.5 to Rs. 2.50, Sail fell by Rs. 2.50 to Rs. 30 fell to Rs. 206.05, Coal India fell by Rs. 6 to Rs. 13.5, APL Apollo fell by Rs. 20.50 to Rs.


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