INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Metal shares were trading in the negative zone in Wednesday's morning session.
Shares of Jindal Steel - Power (down 4.84 per
cent), JSW Steel (down 4.01 per cent), Steel Authority of India (SAIL) (down 3.69 per cent) and Welspun Corp (down 3.40 per cent) were the
worst performers in the index.
Vedanta (down 3.27 per cent), Tata Steel (down 2.75 per cent), NMDC (down 2.23 per cent) and Jindal Stainless
(Hisar) (down 2.20 per cent) too were trading in the red
The Nifty Metal index was trading 2.51 per cent down at 2709 around 10:34 am
Benchmark NSE Nifty50 index was down 75.55 points at 11,255.50 while the BSE Sensex was down 191.10 points at 37,791.64
Among the 50 stocks in the Nifty index, 8 were trading in the green, while 42 were in the red
Shares of YES Bank, Vodafone Idea, Ashok Leyland, M-M Financial, Dish TV India, Indian Oil Corp, PNB, SAIL, GMR Infra and ZEEL were among
the most traded shares on the NSE