NEW DELHI: Majority of metal & mining stocks were trading with gains during Wednesday's trade.

The Nifty Metal index was trading 1.25 per cent up at 3,729 around 11:50 am (IST), with shares of Jindal Stainless (Hisar) (up 3.57 per cent), Vedanta (up 3.50 per cent), NALCO (up 1.87 per cent) and Hindalco Industries (up 1.72 per cent) as top gainers.

Shares of aluminium producers saw traction on the back of a surge in the metal price globally, following the US sanctions on Russian aluminum giant Rusal.

Shares of Jindal Steel & Power (up 1.31 per cent), JSW Steel (up 1.22 per cent), Hindustan Zinc (up 0.79 per cent), Tata Steel (up 0.68 per cent), APL Apollo Tubes (up 0.60 per cent) and SAIL (up 0.26 per cent) were also in the green.

However, NMDC (down 1.17 per cent), Hindustan Copper (down 0.55 per cent), MOIL (down 0.52 per cent) and Coal India (down 0.41 per cent) were among the metal stocks that were in the red around that time.

Benchmark NSE Nifty50 index was down 19 points at 10,383, while the BSE Sensex was 24 points down at 33,856.

Among the 50 stocks in the Nifty index, 20 were trading in the green, while 30 were in the red.

Vedanta, HCL Technologies, Eicher Motors, Sun Pharma and Hindalco Industries were among the top gainers in the Nifty index.

However, HPCL, BPCL, Indian Oil Corporation, Adani Ports SEZ and State Bank of India were among the top losers in the Nifty pack of stocks.