Stock market update: Metal stocks mixed; SAIL leads the sectoral pack

NEW DELHI: Metal stocks were portraying a mixed picture during afternoon trade on Monday.

The BSE Metal index was trading 0.04 per cent up at 13,859 around 02:20 pm.

Shares of SAIL (up 2.63 per cent), Hindalco Industries (up 1.01 per cent), Hindustan Zinc (up 0.98 per cent), Jindal Steel & Power (up 0.96 per cent) and Vedanta (up 0.12 per cent) were at the gainers' end in the metal index.


On the other hand, Nalco (down 1.98 per cent), Tata Steel (down 0.91 per cent), NMDC (down 0.89 per cent) and JSW Steel (down 0.25 per cent) were the losers in the index.

Shares of Coal India were flat around the same time.

Market was in the positive territory on buying in all sectors. Consumer durables, telecom, pharma, FMCG, bank and financial stocks were witnessing decent buying interest.

Benchmark BSE Sensex was up 211 points up at 35,655, while the NSE Nifty50 index was up 69 points at 10,837.

Among the 50 stocks in the Nifty index, 42 were trading in the green, while 7 were in the red.

In the Sensex pack, 25 stocks were advancing and 6 were declining.

Bharti Airtel, Dr Reddy's Labs and Sun Pharma were leading the pack of Sensex gainers.

Power Grid, Hero MotoCorp and ONGC were among the losers in the Sensex index.