Basic materials stocks fall

Basic materials stocks were trading with losses, with the S&P BSE Basic Materials index decreasing 28.28 points or 0.49% at 5796.71 at 13:51 IST.
Among the components of the S&P BSE Basic Materials index, Jindal Steel & Power Ltd (down 4.34%), Everest Industries Ltd (down 4.33%),Steel Authority of India Ltd (down 4.15%),Tata Steel Long Products Ltd (down 3.46%),Tata Steel Ltd (down 2.9%), were the top losers. Among the other losers were JSW Steel Ltd (down 2.67%), Gallantt Metal Ltd (down 2.6%), Satia Industries Ltd (down 2.54%), The Ramco Cements Ltd (down 2.53%), and GHCL Ltd (down 2.51%).
On the other hand, Prism Johnson Ltd (up 13.18%), Emami Paper Mills Ltd (up 10.08%), and Fineotex Chemical Ltd (up 8.72%) turned up.
At 13:51 IST, the S&P BSE Sensex was up 176.91 or 0.29% at 60572.54.
The Nifty 50 index was up 41.9 points or 0.23% at 18045.2.
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The S&P BSE Small-Cap index was up 191.6 points or 0.63% at 30580.49.
The S&P BSE 150 Midcap Index index was up 36.49 points or 0.4% at 9066.89.
On BSE,2086 shares were trading in green, 1301 were trading in red and 76 were unchanged.
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First Published: Jan 11 2022 | 2:01 PM IST
