Stock market update: Metal stocks climb; SAIL jumps 5%

Stock market update: Metal stocks climb; SAIL jumps 5%

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NEW DELHI: Metal stocks were trading higher at 11:26AM on Tuesday.

Shares of Steel Authority of India NSE 2.10 % (up 4.99 per cent), Hindustan Copper NSE 3.24 % (up 4.59 per cent), Jindal Steel & Power (up 3.92 per cent), Hindustan Zinc NSE 1.50 % (up 3.41 per cent) and Welspun Corp NSE 4.97 % (up 3.33 per cent) were among the top gainers.

While APL Apollo Tubes (down 1.21 per cent) was the sole loser in the index.

The Nifty Metal index was trading 1.92 per cent up at 2376.75 around 11:26AM.

Benchmark NSE Nifty 50 index was up 52.60 points at 11322.75, while the BSE Sensex was up 214.46 points at 38396.54.

Among the 50 stocks in the Nifty index, 33 were trading in the green, while 17 were in the red.

Shares of Vodafone Idea, SAIL, YES Bank, ITC and Tata Motors were among the most traded shares on the NSE.

Shares of Vaibhav Global, GMM Pfaudler, Hathway Cable NSE 4.91 %, J B Chem and JSPL hit their fresh 52 week high in today’s trade, while hit fresh 52 week low in trade.

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