NEW DELHI: Losses in Nalco (down 3.10 per cent), Coal India (down 2.45 per cent) and Steel Authority of India (SAIL) (down 2.27 per cent) dragged the BSE Metal index down during afternoon trade on Monday.The BSE Metal index was trading 0.43 per cent down at 12,938 around 02:25 pm.
Shares of Jindal Steel Power (down 1.26 per cent), JSW Steel (down 1.13 per cent) and NMDC (down 0.64 per cent) also were under pressure.Meanwhile, Vedanta (up 1.12 per cent) and Hindustan Zinc (up 0.66 per cent) were trading with gains, while shares of Hindalco Industries (up 0.04 per cent) and Tata Steel (down 0.03 per cent) were flat.Benchmark BSE Sensex was 140 points down at 35,550, while the NSE Nifty50 index was down 38 points at 10,784.Among the 50 stocks in the Nifty index, 20 were trading in the green, while 29 were in the red.
In the Sensex index, 9 stocks were advancing and 22 were declining.
Tata Motors, ICICI Bank and Coal India were among the top losers in the Sensex kitty of stocks.