Share market update: Mining stocks gain; NMDC jumps nearly 6%

NEW DELHI: Mining stocks were trading higher in Monday's afternoon session.

National Mineral Development Corp (up 5.55 per cent), Aro Granite Industries (up 2.32 per cent), Shirpur Gold Refinery (up 1.98 per cent), Pokarna (up 1.01 per cent), 20 Microns (up 0.86 per cent), Orissa Minerals Development Company (up 0.66 per cent), MOIL (up 0.52 per cent) and Gujarat Mineral Corporation (up 0.36 per cent) were among the top gainers.

The NSE Nifty50 index was trading 94.25 points down at 12258.10, while the 30-share BSE Sensex was down 308.83 points at 41636.54 at around 02:05 pm.


Power Grid Corporation of India (up 3.75 per cent), Bharti Infratel Ltd (up 2.59 per cent), GAIL (India) (up 1.94 per cent) and Bharti Airtel (up 1.71 per cent) were among the top gainers in the Nifty pack.

On the other hand, Indian Oil Corporation (down 3.71 per cent), Zee Entertainment (down 3.5 per cent), Kotak Mahindra Bank (down 2.54 per cent), Tata Consultancy (down 2.53 per cent) were trading in the red.