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Metal stocks struggle in trade

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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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