Market Now: Hindalco, Hindustan Zinc, Coal India drag Nifty Metal index down

Market Now: Hindalco, Hindustan Zinc, Coal India drag Nifty Metal index down
Among the 50 stocks in the Nifty index, 32 were trading in the green, while 18 were in the red.
NEW DELHI: Losses in Hindalco Industries (down 1.41 per cent), Hindustan Zinc (down 1.30 per cent) and Coal India (down 0.72 per cent) dragged the Nifty Metal index down during Monday's trade.

The Nifty Metal index was trading 0.13 per cent down at 3,886 around 01:15 pm (IST) on Monday.

Shares of Vedanta (down 0.23 per cent) and NALCO (down 0.23 per cent) were also trading slightly down.

However, shares of MOIL (up 2.24 per cent), Jindal Stainless (Hisar) (up 0.95 per cent), JSW Steel (up 0.73 per cent), Tata Steel (up 0.62 per cent), Steel Authority of India (SAIL) (up 0.50 per cent), APL Apollo Tubes (up 0.35 per cent), Hindustan Copper (up 0.32 per cent) and NMDC (up 0.12 per cent) were in the green around the same time.

Equity benchmarks were trading with gains on buying in all sectors.

The NSE Nifty50 index was up 49 points at 10,613, while the BSE Sensex was up 121 points at 34,537.

Among the 50 stocks in the Nifty index, 32 were trading in the green, while 18 were in the red.

IndusInd Bank, HCL Tech, TCS, Tech Mahindra and Mahindra & Mahindra were among the top gainers in the Nifty index.

However, Grasim, Hindalco, Indiabulls Housing Finance, Bharti Infratel and UPL were among the top losers in the Nifty pack.