Share market update: Metal shares jump; JSPL, Tata Steel among top gainers

NEW DELHI: Metal shares were trading with a positive bias with the Nifty Metal index trading 2.59 per cent up at 3134.4 on Wednesday.

Shares of Jindal Stainless (Hisar) (up 8.57 per cent), Jindal Steel & Power (up 6.92 per cent), Welspun Corp (up 5.74 per cent) and National Aluminium Company (up 3.95 per cent) were witnessing strong gains.

Tata Steel (up 3.64 per cent), Steel Authority of India (SAIL) (up 3.55 per cent), Hindustan Copper (up 3.24 per cent) and Vedanta (up 3.10 per cent) too were trading higher.

Benchmark NSE Nifty50 index was up 168.65 points at 10,717.8 while BSE Sensex was up 574.18 points at 35724.19.

Among the 50 stocks in the Nifty index, 46 were trading in the green, while 4 were in the red.

Shares of YES Bank, ICICI Bank, Tata Motors, Bank of Baroda, Vodafone Idea, SBI, Ashok Leyland, Indian Oil Corp, Sun Pharma, RIL, ONGC, Vedanta, BHEL, NTPC and ITC were among the most traded shares on the NSE.

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