Stock market update: Cement shares decline; Shri Keshav Cement drops 5%

NEW DELHI: Most of the cement stocks were trading with losses in Thursday's afternoon trade.

Shares of Shri Keshav Cements(down 4.92 per cent), Andhra Cements (down 4.60 per cent), Star Cement (down 3.69 per cent), Mangalam Cement (down 3.57 per cent), JK Lakshmi Cement (down 2.55 per cent), The Ramco Cements (down 2.21 per cent) and APCL (down 2.07 per cent) were among the top losers.

While Udaipur Cement Works (up 3.22 per cent), Dalmia Bharat (up 1.25 per cent) and Orient Cement (up 1.12 per cent) were among the top gainers.


The NSE Nifty50 index was trading 34.00 points down at 11,325.9, while the 30-share BSE Sensex was down 117.28 points at 38,188.13 around 12:58 pm.

YES Bank (up 24.53 per cent), Zee Entertainment Enterprises (up 7.53 per cent), Tata Motors (up 5.72 per cent), Bharat Petroleum Corporation (up 5.32 per cent) and HCL Technologies (up 2.87 per cent) were among the top gainers in the Nifty pack.

On the other hand, Vedanta (down 3.57 per cent), Hindalco Industries (down 3.56 per cent), Coal India (down 3.30 per cent), Grasim Industries (down 2.23 per cent) and Tata Steel (down 2.13 per cent) were trading in the red.