Stock Sectors: Stock Update: Mining Stocks Rise as Market Falls

NEW DELHI: Mining stocks were trading higher at 11:05 am on Wednesday

Ashapura Minechem Ltd. (up 2.34%), 20 Microns Ltd. (up 2.31%), Oriental Trimex Ltd. (up 1.58%), MOIL Ltd. (up 1.35%) , Pokarna Ltd. (up 0.22%), The Orissa Top gainers included Minerals Development Company Ltd. (up 0.22%), Gujarat Mineral Development Corporation Ltd. (up 0.12%) and Coal India Ltd. (up 0.03%).

Lexus Granito(India) Ltd. (down 2.88%), Madhav Marbles & Granites Ltd. (down 1.93%), Sandur Manganese & Iron Ores Ltd. (down 1.93%), Aro Granite Industries Ltd. (down 1.40%), NMDC Ltd. (down 1.14%) and KIOCL Sp. z o. o. (decrease by 0.26%).

The NSE Nifty50 index fell 148.61 points to 22,739.55, while the 30-share BSE Sensex fell 512.31 points to 74,658.14 at around 11:05 am.

Power Grid Corporation of India Ltd. (up 1.2%), Hindalco Industries Ltd. (up 1.17%), Nestle India Ltd. (up 1.04%), Sun Pharmaceutical Industries Ltd. (up 0.7%), Adani Enterprises Ltd. (up 0.56%), Cipla Ltd. (up 0.33%), Apollo Hospitals Enterprise Ltd. (up 0.32%), Grasim Industries Ltd. (up by 0.32%), Divi’s Laboratories Ltd. (up 0.18%) and Britannia Industries Ltd. (up 0.03%) were among the top gainers in the Nifty set. While SBI Life Insurance Company Ltd. (down 2.28%), UltraTech Cement Ltd. (down 1.78%), HDFC Life Insurance Company Ltd. (down 1.75%), ICICI Bank Ltd. (down by 1.65%), Axis Bank Ltd. (down 1.5%), HDFC Bank Ltd. (down 1.33%), Tata Consumer Products Ltd. (down 1.24%), Oil And Natural Gas Corporation Ltd. (down 1.23%), Bharat Petroleum Corporation Ltd. (down). Bajaj Finserv Ltd. (down 1.17%) and Bajaj Finserv Ltd. (down 1.17%) were trading in the red.