Stock market update: Mining stocks down as market rises

May 2, 2024
stock-market-update:-mining-stocks-down-as-market-rises

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

MOIL Ltd.(up 8.68%), Sandur Manganese & Iron Ores Ltd.(up 3.06%), Oriental Trimex Ltd.(up 1.74%), NMDC Ltd.(up 1.62%), Lexus Granito(India)Ltd.(up 0.86%) and Gujarat Mineral Development Corporation Ltd.(up 0.14%) stood among the top gainers.

Ashapura Minechem Ltd.(down 4.17%), KIOCL Ltd.(down 1.48%), 20 Microns Ltd.(down 1.46%), The Orissa Minerals Development Company Ltd.(down 1.19%), Aro Granite Industries Ltd.(down 0.63%), Coal India Ltd.(down 0.09%) and Pokarna Ltd.(down 0.02%) were among the top losers of the day.

The NSE Nifty50 index ended 43.36 points up at 22648.2, while the 30-share BSE Sensex closed up 128.33 points at 74611.11.

Bharat Petroleum Corporation Ltd.(up 4.5%), Power Grid Corporation of India Ltd.(up 3.9%), Asian Paints Ltd.(up 3.46%), Bajaj Auto Ltd.(up 2.33%), Tata Motors Ltd.(up 1.98%), SBI Life Insurance Company Ltd.(up 1.7%), NTPC Ltd.(up 1.62%), Cipla Ltd.(up 1.44%), Tata Steel Ltd.(up 1.43%) and Dr. Reddy’s Laboratories Ltd.(up 1.35%) stood among the top gainers in the Nifty pack.

On the other hand, Kotak Mahindra Bank Ltd.(down 2.98%), Tata Consumer Products Ltd.(down 1.56%), Bharti Airtel Ltd.(down 1.39%), Axis Bank Ltd.(down 1.38%), HDFC Life Insurance Company Ltd.(down 1.26%), Wipro Ltd.(down 1.09%), ICICI Bank Ltd.(down 0.96%), Divi’s Laboratories Ltd.(down 0.95%), IndusInd Bank Ltd.(down 0.7%) and Bajaj Finance Ltd.(down 0.6%) closed in the red.

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