Share market update: Metal shares bullish; JSPL gains over 2%
NEW DELHI: Metal shares were trading with gains in Friday’s morning session.
Shares of Jindal Steel & Power (up 2.13 per cent), Tata SteelNSE 2.36 % (up 1.75 per cent), NMDCNSE 1.95 % (up 1.32 per cent) and Steel Authority of India (SAIL) (up 0.86 per cent) were the top performers in the index.
Vedanta (up 0.82 per cent), National Aluminium Company (up 0.75 per cent), Welspun Corp (up 0.73 per cent) and Hindalco Industries (up 0.50 per cent) too were trading with gains.
The Nifty Metal index was trading 0.52 per cent up at 2819.70 around 10:46 am.
Benchmark NSE Nifty50 index was down 1.50 points at 11,581.40 while the BSE Sensex was up 10.97 points at 38,834.08.
Among the 50 stocks in the Nifty index, 23 were trading in the green, while 27 were in the red.
Shares of PFC, Dish TV India, YES Bank, Adani Power, PNB, Vodafone Idea, SAIL, Ashok Leyland, Sun Pharma and Tata Motors were among the most traded shares on the NSE.