Adani Ports, Aegis Vopak fall up to 6%; shipping, logistics stocks sink on Strait of Hormuz disruption fears
Shipping and logistics stocks extended their slide on Monday afternoon as surging crude prices and fears of disruption in the Strait of Hormuz triggered a broad sell-off in trade-linked counters. At 1:45 pm, the Sensex was down 1,652 points or over 2 percent at 79,635, while the Nifty fell 503 poin…
Shipping and logistics stocks extended their slide on Monday afternoon as surging crude prices and fears of disruption in the Strait of Hormuz triggered a broad sell-off in trade-linked counters. At 1:45 pm, the Sensex was down 1,652 points or over 2 percent at 79,635, while the Nifty fell 503 poin…
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