Market Movers: Retail investors press panic button as China crisis looms
Nowhere was the knee-jerk reaction felt more acutely today than in the metals space. The Nifty Metal index plummeted nearly 7 per cent in one of the biggest sell-offs the sector has seen since the dark days of March 2020. Much of that selling was in steel stocks, which reflected in Tata Steels 10 per cent fall.