Shares of Reliance Communications today fell more than two percent in morning trade on bourses after credit rating agency Fitch said it has withdrawn ratings of debt-ridden Reliance Communications for commercial reasons.
Metals stocks lost shine following correction in commodities prices in international market as investors raised doubts over China demand for metals.
The Nifty Metal was biggest loser among sectoral indices, falling 1.5 percent as Hindustan Zinc, Hindalco Industries, Vedanta, Hindustan Copper, Tata Steel, Jindal Steel, NALCO, SAIL and MOIL rallied 1-3 percent.
Copper prices fell 3 percent and steel prices declined 2 percent while aluminium prices dropped 1.5 percent.
Brazil, India corporate debt most vulnerable to rate hikes - McKinsey
ReplyDeleteequitytips
Real time SGX NIFTY current price. SGX Nifty live chart, Sgx Nifty live today, SGX Nifty, SGX Nifty futures, SGX Nifty chart, Singapore nifty. nifty option tips
ReplyDelete