Stock Market

Share market update: Metal shares shine; MOIL climbs over 4%

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NEW DELHI: Metal shares were trading in the green in Thursday's morning session.

Shares of MOIL (up 4.23 per cent), National Aluminium Company (up 3.30 per cent), Steel Authority of India (SAIL) (up 3.20 per cent) and Jindal Steel - Power (up 2.85 per cent) were trading higher. Jindal Stainless (Hisar) (up 2.71 per cent), NMDC (up 2.63 per cent), Tata Steel (up 2.29 per cent) and Welspun Corp (up 2.22 per cent) too were trading with gains.

The Nifty Metal index was trading 1.48 per cent up at 2455.45 around 10:30 am.

Benchmark NSE Nifty50 index was up 135.50 points at 11,575.70 while the BSE Sensex was up 451.98 points at 39,045.50.

Among the 50 stocks in the Nifty index, 41 were trading in the green, while 9 were in the red.

Shares of YES Bank, SBI, Vodafone Idea, ZEEL, Indian Oil Corp, Ashok Leyland, Tata Motors, SAIL, ICICI Bank and Bank of Baroda were among the most traded shares on the NSE.




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Category: Stock Market


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