March 27, 2018 / 5:16 AM / a year ago

BUZZ-Indian metal shares rise as fears of trade war ease

** Metal stocks rise on improved sentiment following reports of talks between the United States and China to renegotiate tariffs and trade imbalances

** Tata Steel Ltd up as much as 3 pct, among top pct gainers on NSE index

** Steel Authority of India Ltd climbs 3.9 pct, JSW Steel Ltd rises 2 pct

** White House officials are asking China to cut tariffs on imported cars, allow foreign majority ownership of financial services firms and buy more U.S.-made semiconductors in negotiations to avoid a potential trade war

** Upward stock movement also because of a bounceback after several sessions of losses - analysts

** Nifty metal index gains as much as 2 pct after declining in the last four weeks

** The index has fallen 10.6 pct this year up to Monday

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below