Markets have seen trades in the red with the Nifty trading below the 5350 mark. Stocks from the metal, bank and Capital goods sectors have seen declines.
The Nifty is at 5335, down by 14 points or -0.3%. The Sensex is at 17648, down by 0.2%.
The BSE Metal index has lost nearly 154 points. Jindal Steel and Sterlite Industries are among the top losers on the index. Jindal steel is down by 3.4%. Sterlite is also down by 3%. Tata steel is down by 1.6%. Hindalco has seen a cut of 1.6%. Sesa goa has also lost over 2%.