What’s not

Steel companies were punished. SAL Steel, Jindal Steel & Power, Ramsarup Industries and Sesa Sterlite declined 15%, 10%, 9% and 5%, respectively. NMDC and Rathi Steel & Power fell 4% each.

 

 

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ML sectoral trends

Shares of airlines companies advanced 6% and shares of paints and media companies rose 5% each. Stocks of steel companies declined 3% and stocks of oil & gas services companies and stocks of real estate companies fell 2% each. Stocks of foods & beverages companies fell 1%.

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