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Share market update: PSU shares mixed; IOC falls 2%

NEW DELHI: Shares of PSU were trading on a mixed note in Thursday’s afternoon session.

Shares of Steel Authority of India (up 3.9 per cent) , National Aluminium Company (up 1.99 per cent) , National Mineral Development Corp (up 1.6 per cent) , General Insurance (up 0.57 per cent) , NHPC (up 0.42 per cent) , Bharat Electronics (up 0.3 per cent) , REC (up 0.18 per cent) , Power Finance Corporation (up 0.09 per cent) and Bharat Petroleum Corporation (up 0.01 per cent) were among the top gainers.

While Indian Oil Corporation (down 1.73 per cent) , New Indian Assurance (down 1.37 per cent) , Coal India (down 1.28 per cent) , Container Corporation of India (down 0.99 per cent) , NTPC (down 0.82 per cent) , Oil & Natural Gas Corporation (down 0.67 per cent) , HPCL (down 0.63 per cent) , GAIL (India) (down 0.63 per cent) , Power Grid Corporation of India (down 0.4 per cent) , Oil India (down 0.33 per cent) and Bharat Heavy Electricals (down 0.23 per cent) were the top losers in the index.

The Nifty PSE index was trading 0.48 per cent down at 3142.3 around 12:05 pm.

Benchmark NSE Nifty50 index was down 28.05 points at 12,186.50, while the BSE Sensex was down 97.21 points at 41364.05.

Among the 50 stocks in the Nifty index, 19 were trading in the green, while 31 were in the red.

Shares of YES Bank, Vodafone Idea, SAIL, JSPL, Vedanta , SBI, Tata Motors, Union Bank India and Tata Steel were among the most traded shares on the NSE.

Source: Economic Times