What’s not

Non-ferrous metal companies were punished. National Aluminium Co, Hindalco Industries, Hindustan Zinc and Man Industries (India) declined 14%, 11%, 10% and 7%, respectively.

 

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ML sectoral trends

Shares of consumer products companies, cement companies and paints companies advanced 14%, 8% and 7%, respectively. Stocks of non-ferrous metals companies, steel companies and garment companies declined 11%, 9% and 8%, respectively. Stocks of steel products companies fell 4%.

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