Watch Our Live Call Update: Metal stocks mixed; Current Market

Thursday 1 March 2018

Metal stocks mixed; Current Market

shares of Jindal StainlessBSE -0.20 % (Hisar) (up 2.53 per cent), MOIL (up 2.26 per cent), NMDC (up 1.28 per cent), Tata SteelBSE 1.01 % (up 0.81 per cent), Coal India (up 0.36 per cent) and APL Apollo Tubes (up 0.35 per cent) were up in the index around that time. 

However, Shares of National Aluminium Company (NALCO) (down 0.80 per cent), Steel Authority of IndiaBSE -0.72 % (SAIL) (down 0.60 per cent), JSW Steel (down 0.48 per cent) and Jindal Steel & Power (down 0.31 per cent) were also down around that time. 


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Metal and mining stocks Hindalco Industries (down 1.18 per cent), Hindustan ZincBSE -1.72 % (down 1.13 per cent) and VedantaBSE -0.24 % (down 0.85 per cent) were trading down during afternoon trade on Thursday, keeping the sectoral index in the red. 


BPCL, Aurobindo Pharma, Bajaj Finance, Bharti Airtel and Ambuja Cements were among the top gainers in the Nifty50 index, while ICICI Bank, Lupin, Hindalco Industries, Infosys and UPL were among the top losers. 


Market enthusiasm continues. However, rising crude prices and higher yield are concerns as of now," said Anita Gandhi, Whole Time Director, Arihant Capital Markets. During the past week, the Sensex gained 438.54 points, or 1.28 per cent, while the Nifty rose 122.40 points, or 1.15 per cent.


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