Shares of metal companies, including Vedanta, Vedanta Aluminium, Hindustan Copper, Tata Steel and NALCO, among others declined up to 5% on Friday amid pressure from soaring oil prices, rising bond yields and a stronger US dollar.
In today’s session, Vedanta shares fell over 4% to Rs 257, while Vedanta Aluminium slipped 4% to trade at Rs 420 per share on the BSE. NALCO declined 5% to hit a low of Rs 352, while state-owned Hindustan Copper fell over 4%. Tata Steel and JSW Steel declined 3% each.
