Share market update: Metals shine; Hindalco, Vedanta jump 3%
NEW DELHI: Most metal & mining stocks were on upward trajectory during Friday's session.
The Nifty Metal index was trading 2.8 per cent up at 3,399 around 12:45 pm.
Shares of Jindal Steel & Power (up 6.32 per cent) were the top gainers in the metal index.
It was followed by APL Apollo Tubes (up 5.75 per cent), Hindalco Industries (up 3.35 per cent) and Coal India (up 3.28 per cent).
NMDC (up 3.14 per cent), Vedanta (up 2.72 per cent), JSW Steel (up 2.67 per cent), Tata Steel (up 2.39 per cent), MOIL (up 1.94 per cent), Jindal Stainless (Hisar) (up 1.40 per cent), Steel Authority of India (SAIL) (up 1.39 per cent), Hindustan Copper (up 1.06 per cent) and Hindustan Zinc (up 0.63 per cent) too found themselves among the gainers.
Benchmark NSE Nifty50 index was up 222 points at 10,457, while the BSE Sensex was up 712 points at 34,713.
Among the 50 stocks in the Nifty index, 46 were trading in the green, while 3 were in the red.
Bajaj Finance, Mahindra & Mahindra, Maruti Suzuki India, HPCL and Eicher Motors were among the top gainers in the Nifty index.