INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Metal shares were trading in the red in Wednesday's morning session.
Shares of Hindalco Industries (down 2.60 per cent) , Steel
Authority of India (SAIL) (down 2.33 per cent) , Tata Steel (down 2.28 per cent) and Hindustan Copper (down 2.25 per cent) were trading
lower.
National Aluminium Company (down 2.25 per cent) , Jindal Steel - Power (down 2.19 per cent) , Welspun Corp (down 2.09 per cent) and
Jindal Stainless (Hisar) (down 2.06 per cent) too were trading with losses.
The Nifty Metal index was trading 1.57 per cent down at 2446.15
Benchmark NSE Nifty50 index was down 97.50 points at 11,490.70 while the BSE Sensex was down 349.20 points at 38,747.94
Among the 50 stocks in the Nifty index, 14 were trading in the green, while 36 were in the red
Shares of YES Bank, Ashok Leyland, SBI, IDBI Bank, ZEEL, GMR Infra, Adani Power, Vodafone Idea, Tata Motors and NCC were among the most
traded securities on the NSE.