Stock Market

Stock market update: Metals shine; Vedanta, Tata Steel top gainers

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NEW DELHI: Most metal mining stocks were trading in the positive territory in afternoon trade on Friday. The BSE Metal index was trading 1.93 per cent up at 12,907 around 2 pm.

NMDC (up 4.04 per cent), Vedanta (up 3.09 per cent) and Jindal Steel Power (up 3.07 per cent) were the top gainers in the metal index.

Tata Steel (up 2.39 per cent), Steel Authority of India (SAIL) (up 2.22 per cent), JSW Steel (up 1.93 per cent), Hindalco Industries (up 1.78 per cent), National Aluminium Company (Nalco) (up 1.54 per cent) and Hindustan Zinc (up 0.45 per cent) too were in the green. However, Coal India (down 0.25 per cent) was the odd man out in the group.

Benchmark BSE Sensex was up 292 points at 37,956, while the NSE Nifty50 index was up 84 points at 11,469.

Among the 50 stocks in the Nifty index, 36 were trading in the green, while 14 were in the red.

In the Sensex index, 23 stocks were advancing and 8 were declining.

Vedanta, YES Bank and ITC were leading among Sensex scrips. ITC, ICICI Bank and Kotak Mahindra Bank were the top contributors to the rally in the Sensex index.




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Category: Stock Market


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