NEW DELHI: Most metal mining stocks were suffering losses in afternoon trade on Friday.The BSE Metal index was trading 0.58 per cent down at 13,827 around 02:40 pm.
Steel Authority of India (SAIL) (down 1.66 per cent), Hindalco Industries (down 1.50 per cent) and National Aluminium Company (Nalco) (down 1.31 per cent) were among the top losers in the metal pack.Jindal Steel Power (down 1.21 per cent), Tata Steel (down 1.04 per cent), Vedanta (down 0.72 per cent) and JSW Steel (down 0.34 per cent) too were down.
Shares of NMDC (up 2.37 per cent), Coal India (up 0.39 per cent) and Hindustan Zinc (up 0.30 per cent), however, were in the green around that time.
Market sentiment was subdued ahead of June quarter GDP numbers.Benchmark NSE Nifty50 index was down 14.55 points at 11,662.25, while the BSE Sensex was 63.67 points down at 38626.43.
Among the 50 stocks in the Nifty index, 29 were trading in the green, while 21 were in the red.
In the Sensex kitty, 18 stocks were advancing and 13 were declining.Tata Motors, Sun Pharma and PowerGrid were leading among Sensex scrips.YES Bank, Reliance Industries, Mahindra Mahindra and Maruti Suzuki were among the top losers in the Sensex index.