Metal stocks: Stock market update: Nifty Metal index jumps over 3%; Jindal Steel & Power soars 8%

NEW DELHI: Nifty Metal index was trading on a positive note at 02:40PM (IST) on Tuesday.

Shares of Jindal Steel & Power (up 7.91 per cent), Tata Steel (up 5.01 per cent), Steel Authority of India (up 3.91 per cent), Hindalco Industries (up 3.81 per cent) and National Aluminium Company (up 3.19 per cent) were among the top gainers.

While APL Apollo Tubes (down 0.78 per cent) was the sole loser in the index.

The Nifty Metal index was trading 3.4 per cent up at 3587.85 around 02:40PM.

Benchmark NSE Nifty50 index was down -2.80 points at 15311.9, while the BSE Sensex was down -62.67 points at 52091.46.

Among the 50 stocks in the Nifty index, 24 were trading in the green, while 26 were in the red.

Shares of Vodafone Idea, PNB, Central Bank Ind, IOB and SBI were among the most traded shares on the NSE.

Shares of Bank of India, Bank of Maharashtra, Adani Gas, Adani Trans and JSPL hit their fresh 52-week high in today’s trade, while Vera Synthetic, Sanwaria Consumer, We Win Ltd and Jiya Eco Products hit fresh 52-week low in trade.



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