NEW DELHI: Most metal shares were trading in the negative zone in Tuesday's morning session.Shares of Jindal Stainless (Hisar) (down 3.74 per cent), Hindustan Copper (down 2.93 per cent), Steel Authority of India (SAIL) (down 2.91 per cent) and Jindal Steel Power (down 2.83 per cent) were trading lower.
Vedanta (down 2.53 per cent), National Aluminium Company (down 1.33 per cent), MOIL (down 1.29 per cent) and Coal India (down 1.14 per cent) too were trading with losses.
The Nifty Metal index was trading 0.86 per cent down at 3020.55 around 10:52 am.
Benchmark NSE Nifty50 index was down 75.65 points at 11,679 while the BSE Sensex was down 244.16 points at 38,823.17.
Among the 50 stocks in the Nifty index, 19 were trading in the green, while 31 were in the red.
Shares of YES Bank, Vodafone Idea, Bank of Baroda, Tata Motors, LT Fin Holding, SAIL, SBI, ICICI Bank, Ashok Leyland, Bharti Infratel, Indian Oil Corp, Axis Bank, DLF and BPCL were among the most traded shares on the NSE.