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Nov 1, 2017, 11.19 PM IST

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Market Now: SAIL, Vedanta, Hindalco keep Nifty Metal index in the green zone

ETMarkets.com|
Updated: Nov 01, 2017, 12.53 PM IST
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NEW DELHI: Metal and mining stocks including Steel Authority of India (SAIL) (up 6.54 per cent), Hindustan Copper (up 3.82 per cent), Vedanta (up 2.59 per cent) and Hindalco Industries (up 2.39 per cent) were trading up in afternoon session on Wednesday, keeping the Nifty Metal index up.

The Nifty Metal index was trading 1.68 per cent up at 3,942 around 12:45 pm (IST). Benchmark NSE Nifty50 index was 109 points up at 10,445, while the BSE Sensex was 412 points at 33,625.

Shares of Hindustan Zinc (up 1.89 per cent), JSW Steel (up 1.64 per cent), Jindal Steel & Power (up 1.59 per cent), Tata Steel (up 1.51 per cent), Jindal Stainless (Hisar) (up 1.41 per cent), NMDC (up 0.94 per cent) and Coal India (up 0.37 per cent) were also trading in the green.

National Aluminium Company (NALCO) (down 0.47 per cent) was the only component of the Nifty Metal index that was trading in the red around that time.

Shares of ICICI Bank, Bharti Airtel, SBI, Idea Cellular, DLF, PNB, Axis Bank, SAIL, Bank of Baroda, YES Bank, RIL, BHEL were among the most traded stocks on the National Stock Exchange.

Shares of Bharti Airtel, ICICI Bank, State Bank of India, Axis Bank, Vedanta and Hindalco Industries stood were among the top gainers in the Nifty50 index.

However, Eicher Motors, Dr Reddy's Labs, UPL, HCL Tech, Tata Consultancy Services and Zee Entertainment were among the top losers in the Nifty50 pack.
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