Shares in steel pipe makers were down 0.5-2 percent after the firms pledged to cut steel pipes and tubes prices by 10 percent to help fight inflation.
PSL Ltd (PSLH.BO: Quote, Profile, Research), which has a huge domestic market share, was down 0.87 percent, while Man Industries (MIND.BO: Quote, Profile, Research) fell by 1.94 percent. Welspun Gujarat (WGSR.BO: Quote, Profile, Research), which exports most of its output, was flat.
thanks by:- www.in.reuters.com
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