NEW DELHI: Metal & mining stocks were trading mixed during afternoon trade on Friday.

Shares of MOIL (up 2.90 per cent), NMDC (up 2.15 per cent), Jindal Stainless (Hisar) (up 1.14 per cent), Coal India (up 0.50 per cent) and Hindustan Copper (up 0.14 per cent) were trading up.

On the contrary, Hindalco Industries (down 2.29 per cent), Jindal Steel & Power (down 2.09 per cent), SAIL (down 1.09 per cent), Nalco (down 0.95 per cent), Tata Steel (down 0.90 per cent), JSW Steel (down 0.89 per cent) and Hindustan Zinc (down 0.37 per cent) were down.

The Nifty Metal index was trading 0.65 per cent down at 3,649 around 12:40 pm.

Market was appearing to be on the correction mode after the recent rally. A deprecating rupee against the dollar and surging crude oil prices dampened the sentiment.

Benchmark NSE Nifty50 index was down 47 points at 10,721, while the BSE Sensex was 194 points down at 35,269.

Among the 50 stocks in the Nifty index, 17 were trading in the green, while 33 were in the red.

Sun Pharma, Dr. Reddy's Laboratories, Lupin, Tata Motors and Cipla were among the top gainers in the Nifty index.

On the other hand, Power Grid Corporation, Hindalco Industries, BPCL, HDFC and ICICI Bank were among the top losers in the Nifty index.