Metal shares tumble

Metal stocks were trading in the negative zone, with the S&P BSE Metal index falling 192.43 points or 2.05% at 9202.08 at 13:47 IST.

Among the components of the S&P BSE Metal index, Vedanta Ltd (down 4.69%), Jindal Steel & Power Ltd (down 4.09%),Tata Steel Ltd (down 3.08%),Hindalco Industries Ltd (down 2.4%),Steel Authority of India Ltd (down 2.34%), were the top losers. Among the other losers were Coal India Ltd (down 1.75%), and National Aluminium Company Ltd (down 0.54%).

On the other hand, NMDC Ltd (up 2.04%), Hindustan Zinc Ltd (up 1.88%), and JSW Steel Ltd (up 0.62%) moved up.

 

At 13:47 IST, the S&P BSE Sensex was up 18.22 or 0.05% at 39007.96.

The Nifty 50 index was down 4.05 points or 0.04% at 11567.15.

The S&P BSE Small-Cap index was down 31.04 points or 0.23% at 13409.45.

The S&P BSE 150 Midcap Index index was down 5.56 points or 0.12% at 4511.63.

On BSE,959 shares were trading in green, 1325 were trading in red and 130 were unchanged.

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