Share market update: Metal stocks trade mixed; SAIL jumps 2%, but JSW Steel, Coal India slip

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Metal mining stocks were trading mixed during Thursday's session. The BSE Metal index was trading 0.21 per cent down at 13,665
around 10:25 am on Thursday
Shares of Steel Authority of India (SAIL) (up 2.11 per cent), NMDC (up 1.49 per cent), Jindal Steel Power (up 1.12 per cent) and Nalco (up
0.36 per cent) were the gainers in the metal pack
However, JSW Steel (down 0.86 per cent), Coal India (down 0.65 per cent), Hindustan Zinc (down 0.61 per cent), Tata Steel (down 0.30 per
cent), Vedanta (down 0.25 per cent) and Hindalco Industries (down 0.12 per cent) were the losers at that time. Rupee's fresh fall, surging
crude oil prices, firming bond yields and weakness in other Asian markets weighed on domestic market sentiment
Benchmark BSE Sensex was 642 points down at 35,334, while the NSE Nifty50 index was down 197 points at 10,661. Among the 50 stocks in the
Nifty index, only six were trading in the green, while 44 were in the red
In the Sensex index, Axis Bank, Larsen Toubro, YES Bank and Tata Motors were the gainers. Reliance Industries, Hero MotoCorp, TCS,
Hindustan Unilever and IndusInd Bank were among the top losers in the Sensex kitty of stocks.