Basic materials shares slide

Basic materials stocks were trading with losses, with the S&P BSE Basic Materials index falling 18.09 points or 0.69% at 2602.65 at 13:48 IST.
Among the components of the S&P BSE Basic Materials index, Sadhana Nitro Chem Ltd (down 8.56%), National Peroxide Ltd (down 8.24%),Neogen Chemicals Ltd (down 5.44%),Shiva Cement Ltd (down 4.99%),Seya Industries Ltd (down 4.97%), were the top losers. Among the other losers were Indian Hume Pipe Company Ltd (down 4.95%), Vikas Ecotech Ltd (down 4.86%), Uniply Industries Ltd (down 4.85%), Sanghi Industries Ltd (down 4.52%), and Ruchira Papers Ltd (down 4.29%).
On the other hand, Rain Industries Ltd (up 7.77%), Hil Ltd (up 7.57%), and Fine Organic Industries Ltd (up 6.71%) moved up.
At 13:48 IST, the S&P BSE Sensex was up 47.67 or 0.12% at 40163.73.
The Nifty 50 index was down 6.1 points or 0.05% at 11834.35.
Also Read
The S&P BSE Small-Cap index was down 4.98 points or 0.04% at 13339.71.
The S&P BSE 150 Midcap Index index was up 2.75 points or 0.06% at 4626.91.
On BSE,916 shares were trading in green, 1406 were trading in red and 150 were unchanged.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Nov 14 2019 | 2:00 PM IST
