Metal stocks edge higher

Metal stocks were trading in green, with the S&P BSE Metal index increasing 450.04 points or 2.22% at 20708.41 at 09:50 IST.

Among the components of the S&P BSE Metal index, Vedanta Ltd (up 3.48%), Jindal Steel & Power Ltd (up 3.31%),Hindalco Industries Ltd (up 2.79%),JSW Steel Ltd (up 2.78%),Tata Steel Ltd (up 2.07%), were the top gainers. Among the other gainers were Steel Authority of India Ltd (up 1.89%), NMDC Ltd (up 1.52%), and Hindustan Zinc Ltd (up 0.84%).

On the other hand, APL Apollo Tubes Ltd (down 1.59%), and Coal India Ltd (down 0.11%) turned lower.

At 09:50 IST, the S&P BSE Sensex was down 103.47 or 0.19% at 54451.19.

 

The Nifty 50 index was down 25 points or 0.15% at 16255.1.

The S&P BSE Small-Cap index was down 549.51 points or 2.11% at 25516.44.

The S&P BSE 150 Midcap Index index was down 105.63 points or 1.31% at 7953.57.

On BSE,537 shares were trading in green, 2143 were trading in red and 73 were unchanged.

Powered by Capital Market - Live News