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Metal stocks struggle in trade
Metal companies fared badly at the bourses on Monday, causing the BSE Metal Index to drop nearly 2 percent.
Iron ore firm Sesa Goa ended as the top loser in the index, dropping more than 6 percent to 401.55 rupees. Gujarat NRE Coke shares slipped 4.3 percent.
Only three stocks in the index – JSL, NALCO and SAIL – closed in the positive.
Among other top firms, Sterlite Industries ended down 2.4 percent while Tata Steel slipped 1.6 percent.
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- Aramco awards Midyan gas project to L&T
- BarCap expects bigger rate cuts in India in 2013
- Sensex edges down; Maruti, Divi's Lab fall
- Asia shares dip; dollar firms as suspense builds
- iGate sacks Murthy after sexual harassment probe
- Goldman exits China's ICBC, seven years and billions later
- Yahoo's rise in Asia offsets risk from Tumblr bet
- Rupee inches up; dollar selling watched
- Chidambaram: more steps to cut gold imports if needed
- Gold, silver fall as dollar gains; ETF holdings drop
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