The metal stocks index is currently the top sectoral gainer. A weaker dollar improves global demand for commodities which in turn benefits Indian metal producers through export opportunities and better pricing.
nifty metal
Nifty, Sensex continue to fall for sixth consecutive day, broader markets fall
The benchmarks– the Nifty 50 and the Sensex, ended the session in the red for the sixth straight session, albeit off the day’s lows. However, it was the broader market that took a beating in today’s session, with the smallcap and midcap indices shedding around 3 percent and 2 percent, respectively.
IEX tumbles on market coupling buzz
Market coupling is a model where buy bids and sell bids from all power exchanges in the country will be aggregated and matched to discover a uniform MCP.