Stock market update: Mining stocks down as market rises

Feb 16, 2024
stock-market-update:-mining-stocks-down-as-market-rises

NEW DELHI: Mining shares closed higher in the Friday’s session.

Madhav Marbles & Granites Ltd.(up 1.07%) and 20 Microns Ltd.(up 0.30%) stood among the top gainers.

Sandur Manganese & Iron Ores Ltd.(down 7.18%), Aro Granite Industries Ltd.(down 3.83%), Ashapura Minechem Ltd.(down 2.93%), Lexus Granito(India)Ltd.(down 2.58%), KIOCL Ltd.(down 2.52%), Gujarat Mineral Development Corporation Ltd.(down 2.41%), The Orissa Minerals Development Company Ltd.(down 2.24%), Oriental Trimex Ltd.(down 1.83%), NMDC Ltd.(down 1.06%) and MOIL Ltd.(down 0.99%) were among the top losers of the day.

The NSE Nifty50 index ended 129.96 points up at 22040.7, while the 30-share BSE Sensex closed up 376.26 points at 72426.64.

Mahindra & Mahindra Ltd.(up 4.0%), SBI Life Insurance Company Ltd.(up 3.8%), Adani Ports & Special Economic Zone Ltd.(up 3.15%), Larsen & Toubro Ltd.(up 2.62%), Maruti Suzuki India Ltd.(up 2.62%), Bajaj Auto Ltd.(up 2.49%), Tata Motors Ltd.(up 1.97%), Hero MotoCorp Ltd.(up 1.61%), Infosys Ltd.(up 1.51%) and Tata Consumer Products Ltd.(up 1.42%) stood among the top gainers in the Nifty pack.

On the other hand, Power Grid Corporation of India Ltd.(down 2.53%), Oil And Natural Gas Corporation Ltd.(down 0.94%), State Bank of India(down 0.92%), Britannia Industries Ltd.(down 0.75%), Reliance Industries Ltd.(down 0.69%), NTPC Ltd.(down 0.45%), Apollo Hospitals Enterprise Ltd.(down 0.41%), Axis Bank Ltd.(down 0.33%), Asian Paints Ltd.(down 0.29%) and Kotak Mahindra Bank Ltd.(down 0.23%) closed in the red.

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