Stock Market

Share market update: JSW Steel, Vedanta boost BSE Metal index

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NEW DELHI: Metal mining stocks JSW Steel (up 3.45 per cent), Hindustan Zinc (up 2.31 per cent), Vedanta (up 2.30 per cent) and National Aluminium Company (Nalco) (up 1.07 per cent) were trading with healthy gains in afternoon trade on Friday.

The BSE Metal index was trading 1.2 per cent up at 13,110.19 around 02:30 pm.

Shares of Jindal Steel Power (up 0.90 per cent), Coal India (up 0.81 per cent), Tata Steel (up 0.60 per cent) and NMDC (up 0.14 per cent) too were in the green.

However, Steel Authority of India (SAIL) (down 0.86 per cent) and Hindalco Industries (down 0.59 per cent) were in the red around that time.

Benchmark BSE Sensex was 66.08 points down at 38,270.68, while the NSE Nifty50 index was down 22.45 points at 11,560.30.

Among the 50 stocks in the Nifty index, 25 were trading in the green, while 25 were in the red.

In the Sensex kitty, 13 stocks were advancing and 18 were declining. Vedanta, Wipro and Axis Bank were among the top gainers in the Sensex pack of stocks.

YES Bank, ICICI Bank and Adani Ports were among the top losers in the Sensex index.




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Category: Stock Market


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