Share market update: Metal shares decline; Welspun Corp down 1%

NEW DELHI: Metal shares were trading in the red in Thursday's morning session.

Shares of Welspun Corp (down 1.30 per cent), Tata Steel (down 0.69 per cent), APL Apollo Tubes (down 0.55 per cent) and Jindal Steel & Power (down 0.31 per cent) were the top losers in the index.

National Aluminium Company (down 0.30 per cent), Steel Authority of India (SAIL) (down 0.29 per cent), Hindalco Industries (down 0.15 per cent) and Vedanta (down 0.06 per cent) too were trading lower.

The Nifty Metal index was trading 0.04 per cent down at 2936.25 around 10:43 am.

Benchmark NSE Nifty50 index was up 54.10 points at 11,915.20 while the BSE Sensex was up 215.59 points at 39,717.64.

Among the 50 stocks in the Nifty index, 34 were trading in the green, while 16 were in the red.

Shares of Vodafone Idea, PC Jeweller, YES Bank, Adani Power, PNB, BEL, GMR Infra, Rail Vikas Nigam, SBI and PowerGrid were among the most traded shares on the NSE.

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