Stock market update: Cement stocks edge lower; SKCIL plummets over 5%

NEW DELHI: Shares of cement firms were in the red in Wednesday's morning trade.

Shares of SKCIL (down 5.29 per cent), Shiva Cement (down 2.81 per cent), Sanghi Industries (down 2.00 per cent), ACC (down 1.31 per cent), Orient Cement (down 0.87 per cent), India Cements (down 0.84 per cent) and The Ramco Cements(down 0.80 per cent) were among the top losers.

While Shree Digvijay Cement (up 1.09 per cent), Century Textiles & Industries (up 0.48 per cent) and Ambuja Cements (up 0.37 per cent) were among the top gainers.


The NSE Nifty50 index was trading 20.40 points down at 11,973.8, while the 30share BSE Sensex was down 70.39 points at 40,605.06 at around 09:42 am.

Bharti Infratel (up 3.52 per cent), Tata Motors (up 2.75 per cent), ICICI Bank (up 1.13 per cent), Tata Consultancy Services (up 1.01 per cent) and Infosys (up 0.95 per cent) were among the top gainers in the Nifty pack.

On the other hand, JSW Steel (down 2.43 per cent), YES Bank (down 1.76 per cent), Coal India (down 1.65 per cent), Tata Steel (down 1.45 per cent) and Vedanta (down 1.22 per cent) were trading in the red.