Stock market update: Mining stocks up as Sensex falls

NEW DELHI: Mining stocks were trading higher on Wednesday at 10:40AM

Coal India(up 9.74%), Gujarat Mineral Dvpt Corporation(up 7.43%), Ashapura Minechem(up 3.15%), KIOCL(up 2.13%), Orissa Minerals Development Company(up 2.11%), MOIL(up 1.89%), Oriental Trimex(up 1.80%), Pokarna(up 1.14%), Madhav Marbles and Granites(up 0.83%) and Aro Granite Industries(up 0.79%) were among the top gainers.

were among the top losers.

The NSE Nifty50 index was trading 107.75 points down at 17640.85, while the 30-share BSE Sensex was down 461.7 points at 59205.9 at around 10:40AM.

Coal India(up 10.0%), NTPC(up 7.12%), Power Grid Corporation of India(up 3.29%), Indian Oil Corporation(up 2.64%), Divis Laboratories(up 1.2%), Oil & Natural Gas Corporation(up 1.09%), Bharat Petroleum Corporation(up 0.97%), Dr Reddys Laboratories(up 0.83%), Sun Pharmaceutical Industries(up 0.63%) and Adani Ports & Special Economic Zone(up 0.63%) were among the top gainers in the Nifty pack.

On the other hand, Tech Mahindra(down 2.09%), ICICI Bank(down 2.0%), Kotak Mahindra Bank(down 1.41%), UltraTech Cement(down 1.39%), HDFC Bank(down 1.37%), Hero MotoCorp(down 1.32%), Wipro(down 1.27%), Infosys(down 1.22%), Maruti Suzuki(down 1.18%) and IndusInd Bank(down 1.1%) were trading in the red.

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