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Share market update: Nifty Metal index falls 1%; Hindustan Zinc plunges 3%

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The Nifty Metal index was trading 0.93 per cent down at 3406.25 around 09:35AM on Monday with most of its components trading in the red.

Shares of Hindustan Zinc (down 3.13 per cent), National Aluminium Company (down 3.06 per cent), Steel Authority of India (SAIL) (down 1.50 per cent), Welspun Corp (down 1.07 per cent) and Coal India (down 1.04 per cent) were the top losers in the metal pack. Jindal Steel Power (down 1.01 per cent), Tata Steel (down 0.87 per cent), Vedanta (down -0.86 per cent) and JSW Steel (down 0.83 per cent), too appeared among top laggards. Benchmark NSE Nifty50 index was down 22.45 points at 10450.05 while BSE Sensex was down 44.54 points at 34689.04 at that time.

Among the 50 stocks in Nifty index, 19 were trading in the green, while 31 were in the red.

Shares of YES Bank, HPCL, ITC, Ashok Leyland, Idea Cellular, ICICI Bank, Indian Oil Corp, Bank of Baroda, Tata Motors, SBI, BPCL, ONGC, Vedanta, RIL and SAIL were among most traded shares on the NSE.




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