Stock market update: Mining stocks up as market rises

NEW DELHI: Mining stocks were trading higher on Friday at 11:00AM

20 Microns Ltd.(up 6.86%), Gujarat Mineral Development Corporation Ltd.(up 1.67%), Pokarna Ltd.(up 1.62%), Aro Granite Industries Ltd.(up 0.69%), NMDC Ltd.(up 0.51%), MOIL Ltd.(up 0.32%), Coal India Ltd.(up 0.26%), Ashapura Minechem Ltd.(up 0.14%), Sandur Manganese & Iron Ores Ltd.(up 0.13%) and Oriental Trimex Ltd.(up 0.09%) were among the top gainers.

The Orissa Minerals Development Company Ltd.(down 1.43%), KIOCL Ltd.(down 1.41%), Lexus Granito(India)Ltd.(down 0.99%) and Madhav Marbles & Granites Ltd.(down 0.03%) were among the top losers.

The NSE Nifty50 index was trading 40.65 points up at 23439.55, while the 30-share BSE Sensex was up 92.79 points at 76903.69 at around 11:00AM.

Shriram Finance Ltd.(up 1.94%), Grasim Industries Ltd.(up 1.85%), Adani Ports & Special Economic Zone Ltd.(up 1.52%), Bharat Petroleum Corporation Ltd.(up 1.24%), Bajaj Finance Ltd.(up 0.93%), HDFC Bank Ltd.(up 0.86%), Mahindra & Mahindra Ltd.(up 0.86%), Tata Consumer Products Ltd.(up 0.7%), Hindalco Industries Ltd.(up 0.7%) and Adani Enterprises Ltd.(up 0.66%) were among the top gainers in the Nifty pack.

On the other hand, Tech Mahindra Ltd.(down 1.18%), HCL Technologies Ltd.(down 1.03%), Tata Consultancy Services Ltd.(down 0.97%), Wipro Ltd.(down 0.92%), NTPC Ltd.(down 0.6%), Dr. Reddy’s Laboratories Ltd.(down 0.58%), Nestle India Ltd.(down 0.55%), Kotak Mahindra Bank Ltd.(down 0.42%), Maruti Suzuki India Ltd.(down 0.37%) and Hindustan Unilever Ltd.(down 0.36%) were trading in the red.