Market Now: Metal & mining stocks shine; NMDC up 4%
ETMarkets.com|
Updated: Jan 01, 2018, 02.58 PM IST

NEW DELHI: Metal and mining stocks, including NMDC (up 4.10 per cent), Steel Authority of India (SAIL) (up 1.84 per cent), MOIL (up 1.65 per cent), Coal India (up 1.58 per cent) and Jindal Steel & Power (up 1.54 per cent) were appearing bullish in afternoon trade on Monday.
The Nifty Metal index was trading 0.71 per cent up at 3,968 around 02:45 pm (IST).
Shares of Hindustan Zinc (up 1.05 per cent), Hindalco Industries (up 1.02 per cent), National Aluminium Company (NALCO) (up 0.87 per cent), Vedanta (up 0.61 per cent) and Hindustan Copper (up 0.45 per cent) were also in the positive zone.
However, Tata Steel (down 0.42 per cent), Jindal Stainless (Hisar) (down 0.35 per cent), JSW Steel (down 0.15 per cent) and APL Apollo Tubes (down 0.04 per cent) were trading down in trade.
Benchmark NSE Nifty50 index was 9 points down at 10,521, while the BSE Sensex was 11 points down at 34,046.
Among the 50 stocks in the Nifty50 index, 24 were trading in the green, while 26 were in the red.
In the Nifty 50 index, Indiabulls Housing Finance, Wipro, Coal India, Sun Pharma, Cipla and Larsen & Toubro were among the top gainers.
On the other hand, Bharat Petroleum Corporation, Tata Consultancy Services, Bharti Infratel, UltraTech Cement, Hindustan Unilever and Oil & Natural Gas Corporation were among the top losers.
The Nifty Metal index was trading 0.71 per cent up at 3,968 around 02:45 pm (IST).
Shares of Hindustan Zinc (up 1.05 per cent), Hindalco Industries (up 1.02 per cent), National Aluminium Company (NALCO) (up 0.87 per cent), Vedanta (up 0.61 per cent) and Hindustan Copper (up 0.45 per cent) were also in the positive zone.
However, Tata Steel (down 0.42 per cent), Jindal Stainless (Hisar) (down 0.35 per cent), JSW Steel (down 0.15 per cent) and APL Apollo Tubes (down 0.04 per cent) were trading down in trade.
Benchmark NSE Nifty50 index was 9 points down at 10,521, while the BSE Sensex was 11 points down at 34,046.
Among the 50 stocks in the Nifty50 index, 24 were trading in the green, while 26 were in the red.
In the Nifty 50 index, Indiabulls Housing Finance, Wipro, Coal India, Sun Pharma, Cipla and Larsen & Toubro were among the top gainers.
On the other hand, Bharat Petroleum Corporation, Tata Consultancy Services, Bharti Infratel, UltraTech Cement, Hindustan Unilever and Oil & Natural Gas Corporation were among the top losers.