Share market update: Metal shares advance; Vedanta up 2%

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

Shares of Vedanta (up 2.25 per cent), APL Apollo Tubes (up 1.73 per cent), Welspun Corp (up 1.58 per cent) and Jindal Steel & Power (up 1.27 per cent) were trading higher.

Tata Steel (up 0.94 per cent), Hindalco Industries (up 0.85 per cent), JSW Steel (up 0.84 per cent) and Steel Authority of India (SAIL) (up 0.84 per cent) too were trading with gains.


The Nifty Metal index was trading 0.72 per cent up at 2785 around 11:00 am.

Benchmark NSE Nifty50 index was up 7.40 points at 10,742.85 while the BSE Sensex was up 24.17 points at 35,780.43.

Among the 50 stocks in the Nifty index, 25 were trading in the green, while 24 were in the red.

Shares of Vodafone Idea, YES Bank, SAIL, ICICI Bank, Vedanta, Ashok Leyland, SBI, ONGC, Bank of Baroda, Tata Steel, Tech Mahindra, Tata Motors, Hindalco Industries, Indiabulls Housing Finance and JSW Steel were among the most traded shares on the NSE.