Share market update: Metals shine; Hindalco, SAIL, Tata Steel among top gainers

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Most metal mining stocks were trading with gains in Friday's session. The BSE Metal index was trading 1.94 per cent up at 14,043
around 01:10 pm
Shares of NMDC (up 4.55 per cent), Hindalco Industries (up 4.37 per cent), Jindal Steel Power (up 2.90 per cent), Steel Authority of India
(SAIL) (up 2.74 per cent) and Tata Steel (up 2.55 per cent) were the top gainers in the metal index. Shares of JSW Steel (up 1.21 per cent),
Coal India (up 1.08 per cent), National Aluminium Company (up 0.91 per cent) and Vedanta (up 0.28 per cent) too were in the green. Equity
benchmarks Sensex and Nifty were showing rangebound movement amid lower Asian cues even as the rupee recovered from its earlier lows. The
BSE Sensex was up 77 points at 38,320, while the NSE Nifty50 index was up 30 points at 11,567
Among the 50 stocks in the Nifty index, 32 were trading in the green, while 18 were in the red
In the Sensex kitty, 20 stocks were advancing and 11 were declining. Hero MotoCorp, Bajaj Auto, Bharti Airtel and Tata Motors were among
the top gainers in the Sensex index. YES Bank, Sun Pharma and PowerGrid were among the top losers in the Sensex kitty of stocks.