Stock market update: Mining stocks down as market rises

NEW DELHI: Mining stocks were trading lower on Wednesday at 11:00AM

20 Microns Ltd.(up 4.00%), Ashapura Minechem Ltd.(up 0.90%), The Orissa Minerals Development Company Ltd.(up 0.90%) and Coal India Ltd.(up 0.58%) were among the top gainers.

Lexus Granito(India)Ltd.(down 2.23%), KIOCL Ltd.(down 1.82%), Gujarat Mineral Development Corporation Ltd.(down 1.13%), NMDC Ltd.(down 1.08%), Oriental Trimex Ltd.(down 1.04%), Aro Granite Industries Ltd.(down 1.00%), Pokarna Ltd.(down 0.79%), Madhav Marbles & Granites Ltd.(down 0.47%), Sandur Manganese & Iron Ores Ltd.(down 0.33%) and MOIL Ltd.(down 0.22%) were among the top losers.

The NSE Nifty50 index was trading 332.21 points up at 22216.7, while the 30-share BSE Sensex was up 1019.45 points at 73098.5 at around 11:00AM.

Hero MotoCorp Ltd.(up 8.62%), Hindustan Unilever Ltd.(up 8.23%), Britannia Industries Ltd.(up 7.33%), Tata Consumer Products Ltd.(up 5.75%), Mahindra & Mahindra Ltd.(up 5.36%), Nestle India Ltd.(up 5.21%), Asian Paints Ltd.(up 5.14%), ITC Ltd.(up 4.53%), Divi's Laboratories Ltd.(up 4.09%) and HCL Technologies Ltd.(up 4.06%) were among the top gainers in the Nifty pack.

On the other hand, Larsen & Toubro Ltd.(down 4.44%), Bharat Petroleum Corporation Ltd.(down 3.78%), Power Grid Corporation of India Ltd.(down 3.01%), Grasim Industries Ltd.(down 2.46%), State Bank of India(down 2.02%), NTPC Ltd.(down 0.56%), UltraTech Cement Ltd.(down 0.42%), Adani Enterprises Ltd.(down 0.23%), Bharti Airtel Ltd.(down 0.15%) and Hindalco Industries Ltd.(down 0.02%) were trading in the red.