You are here: Home » News-CM » Equities » Hot Pursuit
Business Standard

Basic materials shares rise

Capital Market 

Basic materials stocks were trading with gains, with the S&P BSE Basic Materials index rising 50.63 points or 1.58% at 3246.08 at 09:47 IST.

Among the components of the S&P BSE Basic Materials index, Tata Steel Long Products Ltd (up 10%), Ruchira Papers Ltd (up 9.93%),Gujarat Fluorochemicals Ltd (up 7.48%),National Fertilizer Ltd (up 7.03%),Tata Metaliks Ltd (up 4.89%), were the top gainers. Among the other gainers were Dalmia Bharat Ltd (up 4.81%), Greenpanel Industries Ltd (up 4.13%), ACC Ltd (up 3.83%), Shree Cement Ltd (up 3.52%), and Seshasayee Paper & Boards Ltd (up 3.43%).

On the other hand, Meghmani Organics Ltd (down 1.79%), Oriental Carbon & Chemicals Ltd (down 1.57%), and NOCIL Ltd (down 1.35%) moved lower.

At 09:47 IST, the S&P BSE Sensex was up 174.21 or 0.39% at 44323.93.

The Nifty 50 index was up 53.2 points or 0.41% at 13022.15.

The S&P BSE Small-Cap index was up 124.29 points or 0.74% at 16999.44.

The S&P BSE 150 Midcap Index index was up 25.58 points or 0.45% at 5711.2.

On BSE,1400 shares were trading in green, 682 were trading in red and 117 were unchanged.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, December 01 2020. 10:00 IST