Stock market update: Metal & mining stocks mixed; SAIL, Vedanta flat

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NEW DELHI: Metal & mining stocks were trading mixed during afternoon trade on Friday.

The BSE Metal index was trading 0.23 per cent down at 12,482 around 02:40 pm.

Shares of Jindal Steel & Power (down 6.12 per cent), Nalco (down 2.48 per cent), NMDC (down 2.10 per cent) and Hindalco Industries (down 0.93 per cent) were the losers in the metal index.

On the other hand, Coal India (up 1.13 per cent), Tata Steel (up 0.28 per cent), Hindustan Zinc (up 0.22 per cent) and JSW Steel (up 0.16 per cent) were trading with gains.

Steel Authority of India (SAIL) (up 0.07 per cent) and Vedanta (down 0.07 per cent) were nearly flat around that time.

Benchmark BSE Sensex was up 30 points at 36,579, while the NSE Nifty50 index was flat at 11023.

Among the 50 stocks in the Nifty index, 23 were trading in the green, while 27 were in the red.

In the Sensex index, 16 stocks were advancing, while 15 were declining.

Reliance Industries, Maruti Suzuki and Coal India were among the top gainers in the Sensex index.

On the other hand, Axis Bank, ONGC and ICICI Bank were leading among the Sensex losers.

Source: Economic Times