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Market Now: Nifty Metal index lone sectoral loser

NEW DELHI: The Nifty Metal index was trading as the solitary..

NEW DELHI: The Nifty Metal index was trading as the solitary sectoral loser on NSE around 1.30 pm (IST) on Thursday.

The index was 0.25 per cent down at 4,159 around the same time with shares of APL Apollo Tubes (down 0.93 per cent), Coal India (down 0.78 per cent) and MOIL (down 0.73 per cent) as the top losers.

Shares of Vedanta (down 0.61 per cent), Hindustan Zinc (down 0.45 per cent), Hindalco Industries (down 0.39 per cent), Steel Authority of India (SAIL) (down 0.20 per cent) and Jindal Steel & Power (down 0.13 per cent) were also down.

However, shares of Jindal Stainless (Hisar) (up 1.22 per cent), National Aluminium Company (NALCO) (up 0.59 per cent), Hindustan Copper (up 0.48 per cent), JSW Steel (up 0.21 per cent) and Tata Steel (up 0.12 per cent) were trading up.

Benchmark NSE Nifty50 index was 22 points up at 10,654, while the BSE Sensex was 94 points up at 34,527.

Among the 50 stocks in the Nifty50 index, 25 were trading in the green, while 25 were in the red.

Shares of Escorts, Godrej Properties, GVK Power & Infrastructure, Infosys, Jindal Stainless (Hisar), JSW Energy, PC Jeweller, Tech Mahindra and Vakrangee hit fresh 52-week highs on NSE.

Infosys, Bharti Airtel and Tech Mahindra were among the top gainers in the Nifty50 index.

Bharti Infratel, Bajaj Finance, Cipla and Axis Bank were among the losers in the Nifty pack of stocks.

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