NEW DELHI: Nifty Metal index as trading in the red during Wednesday's trade owing to losses in Hindalco Industries (down 1.52 per cent), Coal India (down 0.81 per cent) and Vedanta (down 0.62 per cent).The BSE Metal index was trading 0.42 per cent down at 13,995 around 02:10 pm.
Shares of Tata Steel (down 0.57 per cent), SAIL (down 0.54 per cent) and Hindustan Zinc (down 0.24 per cent) were also in the red.Meanwhile, Nalco (up 1.84 per cent), JSW Steel (up 0.82 per cent), Jindal Steel Power (up 0.30 per cent) and NMDC (up 0.26 per cent) were in the green.
Markets rebounded from day's lows on buying in FMCG, IT and auto stocks.
However, bank, financial and pharma counters were still under pressure.Benchmark NSE Nifty50 index was down 44 points at 10,758, while the BSE Sensex was 97 points down at 35,447.Hindustan Unilever, YES Bank, ITC and Wipro were among the top gainers in the Sensex index.On the contrary, ICICI Bank, Hero MotoCorp, State Bank of India and Reliance Industries were trading among the top losers in the Sensex kitty of stocks.