Indian shares fell on Wednesday, dragged by broad sectoral slide, tracking global peers after weak economic data from the United States, euro zone and China triggered caution and weighed on risk sentiment.
The metal sector has been "a major drag in the June quarter results season so far, with a 64% year-on-year decline in earnings, led by Tata Steel and Vedanta
," analysts at Motilal Oswal Financial Services wrote in their interim quarterly review on Wednesday.lost 6.41% after receiving an excise duty notice of 1.16 billion rupees from the Maharashtra government.
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