NEW DELHI: Metal mining stocks were seen under pressure in Tuesday's trade, following over 8 per cent fall in aluminium on Monday on news that the United States has extended the deadline for companies to wind down business with sanctions-hit Russian producer Rusal.The Nifty Metal index was trading 2.55 per cent down at 3,763.2 around 10:15 am (IST).
Aluminium majors NALCO (down 9.13 per cent) and Hindalco Industries (down 8.06 per cent) were the worst hit.
Shares of Vedanta (down 3.36 per cent), Hindustan Copper (down 2.48 per cent), Jindal Steel Power (down 1.72 per cent), Hindustan Zinc (down 1.67 per cent), Tata Steel (down 1.53 per cent) and Steel Authority of India (SAIL) (down 1.38 per cent) were also facing the heat of selling.
Meanwhile, shares of APL Apollo Tubes (up 0.51 per cent) and Coal India (up 0.47 per cent) were trading with mild gains.
Benchmark NSE Nifty50 index was up 16 points at 10,601, while the BSE Sensex was up 126 points at 34,577.Among the 50 stocks in the Nifty index, 30 were trading in the green, while 20 were in the red.
YES Bank, Lupin, ICICI Bank, Adani Ports SEZ and Dr Reddy's Labs were among the top gainers in the Nifty index.However, Hindalco Industries, Vedanta, Wipro, Bharti Infratel and Tech Mahindra were among the top losers in the index.