Stock market update: Metal stocks mixed; SAIL surges over 4%

NEW DELHI: Metal stocks were trading mixed during afternoon trade on Monday.

The BSE Metal index was trading 0.50 per cent up at 13,574 around 2 pm.

Shares of SAIL (up 4.51 per cent), Tata Steel (up 1.84 per cent), Jindal Steel & Power (up 1.78 per cent), Hindalco Industries (up 1.17 per cent) and JSW Steel (up 0.29 per cent) were the top gainers in the BSE Metal index.


On the contrary, Hindustan Zinc (down 2.32 per cent), Nalco (down 1.07 per cent), Coal India (down 0.61 per cent), NMDC (down 0.56 per cent) and Vedanta (down 0.24 per cent) were down in the index around that time.

Benchmark BSE Sensex was 89 points down at 35,138, while the NSE Nifty50 index was down 37 points at 10,659.

Among the 50 stocks in the Nifty index, 17 were trading in the green, while 33 were in the red.

In the Sensex index, 10 stocks were up, while 21 were down.

Dr Reddy's Labs, Mahindra & Mahindra and Reliance Industries were among the top gainers in the Sensex index.