Stock market update: Mining stocks down as market falls

NEW DELHI: Mining stocks were trading lower on Wednesday at 10:50AM

Orissa Minerals Development Company(up 0.91%), 20 Microns(up 0.81%), MOIL(up 0.35%), Gujarat Mineral Dvpt Corporation(up 0.15%) and NMDC Ltd(up 0.11%) were among the top gainers.

Madhav Marbles and Granites(down 0.93%), Aro Granite Industries(down 0.75%), Coal India(down 0.53%), Ashapura Minechem(down 0.33%), Pokarna(down 0.26%) and KIOCL(down 0.06%) were among the top losers.

The NSE Nifty50 index was trading 10.75 points down at 17988.45, while the 30-share BSE Sensex was down 2.06 points at 60320.31 at around 10:50AM.

Tata Motors(up 2.49%), SBI Life(up 2.38%), NTPC(up 2.08%), Asian Paints(up 1.92%), Power Grid Corporation of India(up 1.81%), IndusInd Bank(up 1.42%), State Bank of India(up 1.4%), Bajaj Finance(up 1.33%), ITC(up 1.1%) and Oil & Natural Gas Corporation(up 0.99%) were among the top gainers in the Nifty pack.

On the other hand, UPL Ltd(down 2.19%), Grasim Industries(down 1.81%), Reliance Industries(down 1.17%), Adani Ports & Special Economic Zone(down 1.11%), Divis Laboratories(down 1.03%), Cipla(down 0.82%), Bharat Petroleum Corporation(down 0.8%), Tata Consultancy(down 0.75%), Shree Cement(down 0.69%) and Coal India(down 0.6%) were trading in the red.

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