Basic materials stocks edge higher
Basic materials stocks were trading in green, with the BSE Commodities index increasing 108.11 points or 1.57% at 6985.01 at 09:30 IST.
Among the components of the BSE Commodities index, Shivalik Rasayan Ltd (up 5.32%), Aditya Birla Real Estate Ltd (up 4.79%),Insecticides India Ltd (up 4.19%),Gujarat Narmada Valley Fertilizers & Chemicals Ltd (up 4.04%),BIGBLOC Construction Ltd (up 3.67%), were the top gainers. Among the other gainers were Meghmani Organics Ltd (up 3.66%), Thirumalai Chemicals Ltd (up 3.57%), Paradeep Phosphates Ltd (up 3.52%), TGV Sraac Ltd (up 3.4%), and Deccan Gold Mines Ltd (up 3.38%).
On the other hand, Fairchem Organics Ltd (down 1.8%), Fine Organic Industries Ltd (down 0.6%), and Foseco India Ltd (down 0.58%) turned lower.
At 09:30 IST, the BSE SmallCap was up 772.29 or 1.5% at 52345.4.
The BSE 150 MidCap Index index was up 201.6 points or 1.35% at 15171.42.
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The Nifty 50 index was up 121.6 points or 0.52% at 23334.8.
The BSE Sensex index was up 327.01 points or 0.43% at 77051.09.
On BSE,2645 shares were trading in green, 462 were trading in red and 93 were unchanged.
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First Published: Jan 16 2025 | 10:00 AM IST