Stock Market

Stock market update: Metal mining stocks trade mixed; Hindalco climbs over 2%

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NEW DELHI: Metal mining stocks were trading mixed during afternoon trade on Wednesday. Shares of Hindalco Industries (up 2.33 per cent), JSW Steel (up 0.95 per cent), Coal India (up 0.35 per cent) and Steel Authority of India (SAIL) (up 0.22 per cent) were in the green. On the other hand, Nalco (down 2.39 per cent), Tata Steel (down 2.10 per cent), Vedanta (down 0.43 per cent), Jindal Steel Power (down 0.26 per cent), Hindustan Zinc (down 0.26 per cent) and NMDC (down 0.04 per cent) were in the negative zone.

The BSE Metal index was trading flat at 13,730 around 02:15 pm.

Sustained buying in IT, bank, consumer durables, teck and pharma stocks were keeping the equity benchmarks in the higher terrain. The BSE Sensex was up 182 points at 35,874, while the NSE Nifty50 index was up 47 points at 10,890.

Among the 50 stocks in the Nifty index, 31 were trading in the green, while 19 were in the red. In the Sensex index, 20 stocks were advancing while 11 were declining. Dr Reddy's Labs, Tata Consultancy Services and State Bank of India were leading among Sensex gainers. On the contrary, Tata Steel, Adani Ports and ONGC were the top losers in the Sensex index.




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Category: Stock Market


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