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Stock market update: Metals shine; Jindal Steel, Hindalco jump up to 3%

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NEW DELHI: Most metal mining stocks, including NMDC (up 2.96 per cent), Jindal Steel Power (up 2.54 per cent) and Hindalco Industries (up 2.18 per cent), were trading with gains in Wednesday's session. The BSE Metal index was trading 1.46 per cent up at 13,771 around 02:40 pm on Wednesday.

Shares of Tata Steel (up 2.12 per cent), Vedanta (up 2.10 per cent), JSW Steel (up 1.03 per cent), Steel Authority of India (SAIL) (up 0.34 per cent) and Nalco (up 0.14 per cent) were also in the green. However, Hindustan Zinc (down 0.54 per cent) and Coal India (down 0.19 per cent) were trading slightly lower.

Benchmark BSE Sensex was up 265 points at 37,678, while the NSE Nifty50 index was up 76 points at 11,364.

Among the 50 stocks in the Nifty index, 29 were trading in the green, while 21 were in the red.

In the Sensex index, 19 stocks were up and 12 were down.

Sun Pharma, Adani Ports and ITC were leading among Sensex gainers.




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Category: Stock Market


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