Share market update: Metal shares bullish; Welspun Corp jumps over 7%

NEW DELHI: Metal shares were trading in the positive zone in Monday's morning session.

Shares of Welspun Corp (up 7.78 per cent), Hindalco Industries (up 5.40 per cent), APL Apollo Tubes (up 4.88 per cent) and Jindal Stainless (Hisar) (up 4.64 per cent) were trading with gains.

Vedanta (up 4.09 per cent), National Aluminium Company (up 3.79 per cent), Steel Authority of India (SAIL) (up 3.72 per cent) and Hindustan Copper (up 3.68 per cent) too were trading in the green.


The Nifty Metal index was trading 2.82 per cent up at 3130 around 11:53 am.

Benchmark NSE Nifty50 index was up 79.90 points at 11,703.80 while the BSE Sensex was up 312.21 points at 38,985.12.

Among the 50 stocks in the Nifty index, 32 were trading in the green, while 18 were in the red.

Shares of Vodafone Idea, Tata Motors, Bank of Baroda, NTPC, SAIL, ONGC, Indian Oil Corp, YES Bank, BEL, BHEL, SBI, Vedanta, Ashok Leyland, Hindalco Inds. and Coal India were among the most traded shares on the NSE.