Select mining, metal stocks up on coal blocks auction draft rules
Reuters Market Eye - Select mining and metal stocks gain after government released e-auction rules.
The coal ministry on Wednesday unveiled draft rules for auction of 204 coal blocks cancelled by the Supreme Court earlier - PIB website.
Hindalco Industries gains 0.65 pct while Sarda Energy and Minerals surges 3.4 pct.
Timeframe provided in the draft rules for auction is positive - dealers
Details on pricing, compensation still awaited, dealers add.
(Reporting by Abhishek Vishnoi)