Stock market update: Nifty Metal index rises 1%; NMDC climbs 3%

NEW DELHI: Nifty Metal index was trading on a positive note at 12:19PM (IST) on Wednesday.

Shares of Mishra Dhatu Nigam (up 5.71 per cent), NMDC Ltd (up 3.13 per cent), MOIL (up 3.11 per cent), Welspun Corp (up 2.06 per cent) and Coal India (up 2.03 per cent) were among the top gainers.

While Hindustan Zinc (down 1.22 per cent) was the sole loser in the index.

The Nifty Metal index was trading 1.15 per cent up at 2536.45 around 12:19PM.

Benchmark NSE Nifty50 index was up 11.75 points at 11484.0, while the BSE Sensex was down 10.15 points at 38833.73.

Among the 50 stocks in the Nifty index, 26 were trading in the green, while 22 were in the red.

Shares of Tata Motors, YES Bank, Vodafone Idea, Tata Power and Ibull HousingFin were among the most traded shares on the NSE.

Shares of Indiabulls Ventures (PP), Affle (India) Ltd., Ruchi Soya Inds, Hero MotoCorp and Bajaj Elec. hit their fresh 52 week high in today’s trade.