Share market update: Metals lacklustre; Hindalco, Vedanta fall up to 2%

NEW DELHI: Most metal & mining stocks were trading in the negative territory in afternoon trade on Tuesday.

The BSE Metal index was trading 0.88 per cent down at 13,925 around 12:50 pm.

Hindalco Industries (down 2.05 per cent), Coal India (down 1.56 per cent) and Vedanta (down 1.26 per cent) were the top losers in the metal index.

Shares of Jindal Steel & Power (down 0.84 per cent), Steel Authority of India (SAIL) (down 0.64 per cent), National Aluminium Company (down 0.64 per cent) and NMDC (down 0.58 per cent) too were incurring losses.

However, JSW Steel (up 0.21 per cent) and Tata Steel (up 0.17 per cent) were slightly up around that time.

Benchmark NSE Nifty50 index was down 14 points at 11,364, while the BSE Sensex was 28 points down at 37,557.

Among the 50 stocks in the Nifty index, 22 were trading in the green, while 28 were in the red.

In the Sensex index, 16 stocks were advancing and 15 were declining.

Hindustan Unilever, YES Bank, ONGC and Adani Ports were leading among Sensex scrips.

State Bank of India, Tata Motors, Coal India, Vedanta and Bajaj Auto were among the top losers in the Sensex index.