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Metal index drags the market down, tumbles 5 per cent

Bhagyashree Vivarekar / Article rating: 2.5

Metal index was the top loser in the NSE sectoral indices and tumbled more than 5 per cent from the previous close. This was majorly in the wake of continued fall in the global alumina prices which fell 3 per cent in today’s trade. The prices fell ahead of Alcoa workers’ decision to call-off the strike, which would ease alumina supply.

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