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    Stock market update: Mining stocks up as market falls

    Synopsis

    The 30-share BSE Sensex was down 497.76 points at 66303.08

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    MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages.
    NEW DELHI: Mining stocks were trading higher on Thursday at 10:24AM

    KIOCL(up 14.60%), Lexus Granito(up 1.90%), MOIL(up 1.86%), 20 Microns(up 1.33%), Orissa Minerals Development Company(up 0.83%), Gujarat Mineral Dvpt Corporation(up 0.50%), Aro Granite Industries(up 0.43%), Coal India(up 0.35%) and Madhav Marbles and Granites(up 0.11%) were among the top gainers.

    Ashapura Minechem(down 4.07%), Pokarna(down 1.71%), NMDC Ltd(down 0.98%) and Oriental Trimex(down 0.68%) were among the top losers.

    The NSE Nifty50 index was trading 135.9 points down at 19765.5, while the 30-share BSE Sensex was down 497.76 points at 66303.08 at around 10:24AM.

    Adani Ports & Special Economic Zone Ltd.(up 2.6%), Hindalco Industries Ltd.(up 1.18%), Adani Enterprises Ltd.(up 0.96%), Tech Mahindra Ltd.(up 0.72%), Bharat Petroleum Corporation Ltd.(up 0.6%), HDFC Life Insurance Company Ltd.(up 0.6%), Dr. Reddy's Laboratories Ltd.(up 0.54%), UPL Ltd.(up 0.48%), State Bank of India(up 0.33%) and Coal India Ltd.(up 0.33%) were among the top gainers in the Nifty pack.

    On the other hand, Bajaj Finserv Ltd.(down 2.24%), Grasim Industries Ltd.(down 2.19%), ICICI Bank Ltd.(down 2.14%), Cipla Ltd.(down 1.99%), Tata Consultancy Services Ltd.(down 1.88%), HCL Technologies Ltd.(down 1.84%), LTIMindtree Ltd.(down 1.82%), ITC Ltd.(down 1.64%), Mahindra & Mahindra Ltd.(down 1.59%) and Larsen & Toubro Ltd.(down 1.47%) were trading in the red.
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