NEW DELHI: Most metal and mining stocks were incurring losses in Monday's session, keeping their sectoral index on NSE in the negative zone.
The Nifty Metal pack was trading as the top loser among the sectoral index in morning trade.
The index was trading 1.78 per cent down at 2,766 around 10:40, with shares of Tata Steel (down 3.50 per cent), Hindalco Industries (down 3.03 per cent) and Jindal Stainless (Hisar) (down 2.64 per cent) as the top losers in the index.
Shares of Steel Authority of India (SAIL) (down 2.49 per cent), Hindustan Copper (down 2.29 per cent), APL Apollo Tubes (down 2.07 per cent), JSW Steel (down 1.62 per cent) and Jindal Steel Power (down 1.35 per cent) lost up to 2 per cent.
Vedanta (down 0.89 per cent), NMDC (down 0.63 per cent), Hindustan Zinc (down 0.63 per cent), National Aluminium Company (down 0.25 per cent) and Coal India (down 0.16 per cent), too, appeared in the red.
Benchmark NSE Nifty50 index was down 48 points at 10,845, while the BSE Sensex was 156 points down at 36,314.
Among the 50 stocks in Nifty index, 11 were trading in the green, while 39 were in the red.
Titan Company, Eicher Motors, ONGC, Dr.
Reddy's Laboratories and Bajaj Auto were among the gainers in the Nifty index.
Tata Steel, Hindalco Industries, IndusInd Bank, Bharti Airtel and HPCL were among the top losers in the Nifty kitty at that time.
Stock Market
Stock market update: Metal stocks lose shine; Nifty Metal top sectoral loser
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