Market Now: Metal pack lacklustre; Hindalco, Tata Steel among the top drags

Market Now: Metal pack lacklustre; Hindalco, Tata Steel among top drags
BPCL, NTPC and Bharti Airtel were among the top Nifty losers.
NEW DELHI: The Nifty Metal index was trading 0.52 per cent down at 3,677 around 02:20pm, with Hindalco Industries (down 2.71 per cent) and Tata Steel (down 2.16 per cent) as top losers.

Shares of APL Apollo Tubes (down 1.86 per cent), JSW Steel (down 1.23 per cent), NMDC (down 0.65 per cent), Nalco (down 0.53 per cent) and Vedanta (down 0.50 per cent) were also down.

However, shares of Coal India (up 3.23 per cent), Jindal Stainless (Hisar) (up 2.97 per cent), MOIL (up 2.61 per cent) and SAIL (up 2.10 per cent) were trading with gains.

Hindustan Copper (up 1.71 per cent), Jindal Steel & Power (up 0.26 per cent) and Hindustan Zinc (up 0.22 per cent) were also in the red.

Benchmark NSE Nifty50 index was down 30 points at 10,711, while the BSE Sensex was 116 points down at 35,272.

Among the 50 stocks in the Nifty index, 23 were trading in the green, while 27 were in the red.

Tata Motors, Bajaj Finance and Bharti Infratel were leading the pack of Nifty gainers.

BPCL, NTPC and Bharti Airtel were among the top Nifty losers.