Stock market update: Mining stocks down as market falls

Stock market update: Mining stocks down as market falls
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Synopsis

The 30-share BSE Sensex closed down 1491.06 points at 52842.75

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Shrikant Chouhan of Kotak Securities said Nifty50 topping the 15,800 mark was completely unexpected.
NEW DELHI: Mining shares closed lower in the Monday's session.

Coal India(up 4.25%), Gujarat Mineral Dvpt Corporation(up 3.55%), NMDC Ltd(up 3.34%) and MOIL(up 1.47%) stood among the top gainers.

Aro Granite Industries(down 5.10%), Ashapura Minechem(down 4.99%), Lexus Granito(down 4.83%), KIOCL(down 3.26%), Oriental Trimex(down 2.95%), 20 Microns(down 2.51%), Pokarna(down 2.33%), Orissa Minerals Development Company(down 2.18%) and Madhav Marbles and Granites(down 1.16%) were among the top losers of the day.

The NSE Nifty50 index ended 382.2 points down at 15863.15, while the 30-share BSE Sensex closed down 1491.06 points at 52842.75.

Oil & Natural Gas Corporation(up 13.13%), Hindalco Industries(up 6.16%), Coal India(up 4.25%), Bharti Airtel(up 3.32%), UPL Ltd(up 2.54%), HCL Technologies(up 1.38%), Tata Steel(up 1.16%), Cipla(up 1.07%), Infosys(up 0.96%) and JSW Steel(up 0.82%) stood among the top gainers in the Nifty pack.

On the other hand, IndusInd Bank(down 7.48%), Axis Bank(down 6.64%), Maruti Suzuki(down 6.6%), Britannia Industries(down 6.46%), Bajaj Finance(down 6.32%), Bajaj Finserv(down 6.26%), UltraTech Cement(down 5.82%), Mahindra & Mahindra(down 5.7%), Tata Motors(down 5.57%) and ICICI Bank(down 4.99%) closed in the red.

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