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Metal shares tumble

Capital Market 

Metal stocks were trading in the negative zone, with the S&P BSE Metal index falling 140.52 points or 1.3% at 10708.05 at 13:48 IST.

Among the components of the S&P BSE Metal index, National Aluminium Company Ltd (down 2.38%), JSW Steel Ltd (down 1.86%),Vedanta Ltd (down 1.76%),Hindalco Industries Ltd (down 1.59%),Tata Steel Ltd (down 1.47%), were the top losers. Among the other losers were Coal India Ltd (down 0.75%), Steel Authority of India Ltd (down 0.49%), Jindal Steel & Power Ltd (down 0.47%), and NMDC Ltd (down 0.15%).

On the other hand, Hindustan Zinc Ltd (up 0.23%), moved up.

At 13:48 IST, the S&P BSE Sensex was up 37.2 or 0.09% at 41909.93.

The Nifty 50 index was up 8.5 points or 0.07% at 12351.8.

The S&P BSE Small-Cap index was up 115.98 points or 0.8% at 14649.84.

The S&P BSE 150 Midcap Index index was up 34.83 points or 0.7% at 5011.92.

On BSE,1416 shares were trading in green, 966 were trading in red and 171 were unchanged.

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

First Published: Thu, January 16 2020. 14:00 IST