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    Stock market update: Metal stocks crack up to 6%; Tata Steel, Hindalco, Vedanta top drag

    Synopsis

    The Nifty Metal index was trading 4.06 per cent down at 3,299 around 10:30 am.

    Stock market update: Metal stocks crack up to 6%; Tata Steel, Hindalco, Vedanta top dragGetty Images
    Indiabulls Housing Finance, Tata Steel, Bajaj Finserv, State Bank of India were the top losers in the Nifty kitty of stocks.
    NEW DELHI: Metal & mining stocks were among the top casualties during Thursday's sell-off.

    The Nifty Metal index was trading 4.06 per cent down at 3,299 around 10:30 am with all components in the red.

    Jindal Steel & Power (down 6.38 per cent), Tata Steel (down 5.47 per cent), Hindalco Industries (down 4.67 per cent), Vedanta (down 4.24 per cent) and JSW Steel (down 4.07 per cent) were the top losers in the metal pack on NSE.

    Steel Authority of India (SAIL) (down 3.74 per cent), Jindal Stainless (Hisar) (down 3.57 per cent), NMDC (down 3.14 per cent) and APL Apollo Tubes (down 3.13 per cent) were up next among the losers.

    Hindustan Zinc (down 2.54 per cent), Coal India (down 2.33 per cent), MOIL (down 2.31 per cent), Hindustan Copper (down 2.11 per cent) and Nalco (down 1.27 per cent) fell in that order.

    Benchmark NSE Nifty50 index was down 266 points at 10,195, while the BSE Sensex was 844 points down at 33,917.

    Among the 50 stocks in the Nifty index, 6 were trading in the green, while 44 were in the red.

    HPCL, BPCL, Zee Entertainment, Bharti Infratel, ONGC and GAIL (India) were the Nifty gainers.

    Indiabulls Housing Finance, Tata Steel, Bajaj Finserv, State Bank of India, Bajaj Finance, Grasim Industries and Hindalco Industries were the top losers in the Nifty kitty of stocks.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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