SAIL shares drop 6% due to China concerns, reflecting bearish sentiment

From Google: 2024-12-13 00:50:17

Shares of Steel Authority of India Ltd (SAIL) plummeted by around 6%, causing it to be the top loser in the Nifty Metal index. The drop comes as concerns over China’s economic slowdown and regulatory crackdowns weighed on the global market. SAIL’s stock fell sharply, reflecting the overall bearish sentiment in the market. This decline highlights the impact of external factors on the Indian metal sector and investor confidence.



Read more at Google: SAIL shares crash around 6%, making it the top loser in the Nifty Metal index amid China concerns | Stock Market News – Mint