Stock market update: Mining stocks down as market rises

Stock market update: Mining stocks down as market rises
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Synopsis

The 30-share BSE Sensex closed up 672.71 points at 59855.93

Agencies
Mazhar Mohammad of Chartviewindia.in said technical indicators are turning mixed as the weekly MACD chart has generated a 'buy' signal, giving an edge to the bulls.
NEW DELHI: Mining shares closed higher in the Tuesday's session.

Orissa Minerals Development Company(up 20.00%), Lexus Granito(up 4.83%), Madhav Marbles and Granites(up 4.80%), Pokarna(up 1.23%), MOIL(up 0.51%) and NMDC Ltd(up 0.37%) stood among the top gainers.

Oriental Trimex(down 7.63%), 20 Microns(down 2.33%), KIOCL(down 1.77%), Ashapura Minechem(down 1.67%), Coal India(down 1.48%), Aro Granite Industries(down 0.99%) and Gujarat Mineral Dvpt Corporation(down 0.14%) were among the top losers of the day.

The NSE Nifty50 index ended 179.55 points up at 17805.25, while the 30-share BSE Sensex closed up 672.71 points at 59855.93.

NTPC(up 5.48%), Oil & Natural Gas Corporation(up 3.32%), Power Grid Corporation of India(up 2.73%), State Bank of India(up 2.7%), Titan Company Ltd(up 2.34%), Reliance Industries(up 2.26%), Axis Bank(up 1.84%), Grasim Industries(up 1.83%), Tata Consultancy(up 1.75%) and Bajaj Finance(up 1.71%) stood among the top gainers in the Nifty pack.

On the other hand, Tata Motors(down 1.61%), Coal India(down 1.48%), Sun Pharmaceutical Industries(down 1.33%), TATA CONSUMER PRODUCTS(down 1.22%), Shree Cement(down 1.08%), UltraTech Cement(down 0.95%), IndusInd Bank(down 0.87%), Cipla(down 0.67%), Divis Laboratories(down 0.64%) and Eicher Motors(down 0.51%) closed in the red.

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