INSUBCONTINENT EXCLUSIVE:
Authors: JordanNEW DELHI: Most metal stocks closed Thursday's session with gains.
The top sectoral gainer on NSE, Nifty Metal index settled
0.76 per cent up at 3,673 on Thursday, backed by gains in index heavyweight Tata Steel (up 1.91 per cent).
Hindalco Industries (up 1.53 per
cent), JSW Steel (up 1.32 per cent), Nalco (up 1.19 per cent), Vedanta (up 0.99 per cent), Jindal Steel Power (up 0.78 per cent), MOIL (up
0.74 per cent), Hindustan Zinc (up 0.44 per cent), APL Apollo Tubes (up 0.39 per cent) and Steel Authority of India (SAIL) (up 0.14 per
cent) too closed the day with gains.
However, NMDC (down 1.29 per cent), Coal India (down 1.27 per cent), Jindal Stainless (Hisar) (down
0.39 per cent) and Hindustan Copper (down 0.35 per cent) closed the day in the red
Key equity indices closed in the red on account of strong selling in IT, capital goods, auto and FMCG stocks amid weak global cues as
tariff woes between the US and China returned, ahead of trade talks between the two countries.
The BSE Sensex slipped 73 points, or 0.21 per
cent, to stop at 35,103, while the Nifty50 index fell 38 points or 0.36 per cent to end the day at 10,680.
In the Nifty index, 17 stocks
closed the day in the green, while 33 in the red.
Sun Pharma, Bharti Infratel and Tata Steel remained the top gainers in the Nifty
index.
HCL Technologies, UPL and Eicher Motors stood as the top Nifty loser of the day.
