Stock market crash, March 13 -- Following the weak global cues on the US-Iran war, the Indian stock market crashed for the third straight session on Friday. At the sectoral level, broad-based selling pressure is evident across most segments in early trade, with the FMCG sector the only notable pocket of resilience. Even metal stocks witnessed sharp selling despite a dip in international metal prices.

Among metal majors, Hindustan Zinc share price is down by over 4%, Tata Steel share price is also down by around 4%, NALCO share price is down by around 6%, Hindalco Industries shares are down by nearly 5%, while SAIL share price mosedived over 4% in the early morning session on Friday.

On why metal stocks are nosediving despite the dip in ...