Metal stocks drift lower
Metal stocks were trading in red, with the S&P BSE Metal index decreasing 180.37 points or 1.99% at 8905.28 at 13:47 IST.
Among the components of the S&P BSE Metal index, Jindal Steel & Power Ltd (down 5.6%), Steel Authority of India Ltd (down 4.79%),Coal India Ltd (down 3.05%),Tata Steel Ltd (down 2.77%),JSW Steel Ltd (down 2.56%), were the top losers. Among the other losers were National Aluminium Company Ltd (down 2.16%), Hindalco Industries Ltd (down 1.67%), Vedanta Ltd (down 1.53%), and Hindustan Zinc Ltd (down 0.59%).
On the other hand, NMDC Ltd (up 7.89%), turned up.
At 13:47 IST, the S&P BSE Sensex was down 363.42 or 0.94% at 38303.91.
The Nifty 50 index was down 80.6 points or 0.7% at 11393.85.
The S&P BSE Small-Cap index was down 204.76 points or 1.55% at 12966.
The S&P BSE 150 Midcap Index index was down 89.18 points or 2.01% at 4344.35.
On BSE,646 shares were trading in green, 1640 were trading in red and 138 were unchanged.
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First Published: Oct 01 2019 | 2:00 PM IST