Stock market update: Mining stocks down as market rises

NEW DELHI: Mining stocks were trading lower on Monday at 10:28AM

Aro Granite Industries Ltd.(up 2.16%), The Orissa Minerals Development Company Ltd.(up 1.48%), Sandur Manganese & Iron Ores Ltd.(up 0.78%), Coal India Ltd.(up 0.39%), Oriental Trimex Ltd.(up 0.29%) and NMDC Ltd.(up 0.03%) were among the top gainers.

Lexus Granito(India)Ltd.(down 5.01%), Gujarat Mineral Development Corporation Ltd.(down 2.40%), 20 Microns Ltd.(down 1.90%), KIOCL Ltd.(down 1.28%), Madhav Marbles & Granites Ltd.(down 0.75%), Ashapura Minechem Ltd.(down 0.59%), Pokarna Ltd.(down 0.16%) and MOIL Ltd.(down 0.03%) were among the top losers.

The NSE Nifty50 index was trading 40.0 points up at 24877.0, while the 30-share BSE Sensex was up 52.7 points at 81515.79 at around 10:28AM.

Shriram Finance Ltd.(up 2.9%), Cipla Ltd.(up 2.6%), Grasim Industries Ltd.(up 1.58%), Hero MotoCorp Ltd.(up 1.43%), Hindustan Unilever Ltd.(up 1.32%), Tata Motors Ltd.(up 1.24%), Tata Consumer Products Ltd.(up 1.2%), Adani Enterprises Ltd.(up 1.2%), Reliance Industries Ltd.(up 1.1%) and Bajaj Auto Ltd.(up 0.95%) were among the top gainers in the Nifty pack.

On the other hand, Kotak Mahindra Bank Ltd.(down 6.24%), Wipro Ltd.(down 2.44%), Titan Company Ltd.(down 1.06%), Tata Consultancy Services Ltd.(down 0.99%), Bharti Airtel Ltd.(down 0.92%), Hindalco Industries Ltd.(down 0.63%), Larsen & Toubro Ltd.(down 0.43%), HCL Technologies Ltd.(down 0.43%), Infosys Ltd.(down 0.38%) and Bajaj Finance Ltd.(down 0.29%) were trading in the red.

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