NEW DELHI: Most metal mining stocks were experiencing the heat of selling during afternoon trade on Thursday.The BSE Metal index was trading 1.22 per cent down at 12,636 around 01:35 pm.
Shares of Nalco (down 3.46 per cent), Hindustan Zinc (down 2.80 per cent), Vedanta (down 2.63 per cent) and NMDC (down 1.64 per cent) were the top losers in the metal index.Jindal Steel Power (down 1.55 per cent), Tata Steel (down 1.43 per cent), Steel Authority of India (SAIL) (down 1.31 per cent) and Hindalco Industries (down 1.27 per cent) also suffered significant losses.Shares of JSW Steel (down 0.46 per cent) were also under pressure.
Coal India (up 1 per cent) was the only stock in the index that was up around that time.Market sentiment was subdued amid weak Asian cues.
Losses in Infosys, Reliance Industries, Tata Motors and Vedanta were weighing on the Sensex.Benchmark BSE Sensex was flat at 35,645, while the NSE Nifty50 index was down 3 points at 10,766.Sun Pharma, Axis Bank and Bharti Airtel were among the losers in the Sensex index.