Share market update: Metal shares advance; JSPL up 4%

NEW DELHI: Most metal stocks were trading with gains in Tuesday's session, keeping their sectoral index on NSE in the positive zone.

Shares of Jindal Steel & Power (up 4.16 per cent) , Steel Authority of India (SAIL) (up 3.91 per cent) , Hindustan Copper (up 3.91 per cent) and Welspun Corp (up 2.99 per cent) were the top gainers in the index.

JSW Steel (up 2.27 per cent) , NMDC (up 1.86 per cent) , Tata Steel (up 1.81 per cent) and Coal India (up 1.81 per cent) too were trading higher.


The Nifty Metal index was trading 1.70 per cent up at 2771.65 around 10:59 am.

Benchmark NSE Nifty50 index was down 3.25 points at 10,885.55 while the BSE Sensex was down 23.43 points at 36,371.60.

Among the 50 stocks in the Nifty index, 30 were trading in the green, while 19 were in the red.

Shares of NHPC, YES Bank, SAIL, Vodafone Idea, Tata Steel, Tata Motors, Axis Bank, NTPC, Ashok Leyland, SBI, JSW Steel, Indiabulls Housing Finance, ICICI Bank, Vedanta and Motherson Sumi were among the most traded shares on the NSE.