Share market update: Metal shares decline; JSPL slips over 3%

NEW DELHI: Metal shares were trading lower in Thursday's morning session.

Shares of Jindal Steel & Power (down 3.31 per cent), Vedanta (down 3.13 per cent), National Aluminium Company (down 1.42 per cent) and Jindal Stainless (Hisar) (down 1.34 per cent) were the worst performers in the index.

Steel Authority of India (SAIL) (down 1.29 per cent), NMDC (down 0.86 per cent), JSW Steel (down 0.68 per cent) and Tata Steel (down 0.55 per cent) too were trading lower.


The Nifty Metal index was trading 0.90 per cent down at 3077.15 around 10:54 am.

Benchmark NSE Nifty50 index was up 10.15 points at 11,594.45 while the BSE Sensex was up 34.12 points at 38,619.47.

Among the 50 stocks in the Nifty index, 24 were trading in the green, while 26 were in the red.

Shares of Vodafone Idea, Tata Motors, Ashok Leyland, DLF, Indian Oil Corp, YES Bank, Vedanta, Bharti Airtel, SAIL, Bank of Baroda, Wipro, SBI, BHEL, Indiabulls Housing Finance and Godrej Consumer were among the most traded shares on the NSE.