Metal shares fall

Image
Capital Market
Last Updated : Jan 16 2023 | 2:50 PM IST

Metal stocks were trading in the negative zone, with the S&P BSE Metal index falling 212.3 points or 0.99% at 21259.07 at 13:48 IST.

Among the components of the S&P BSE Metal index, Jindal Steel & Power Ltd (down 3.6%), JSW Steel Ltd (down 1.41%),Steel Authority of India Ltd (down 1.07%),Hindalco Industries Ltd (down 0.97%),Coal India Ltd (down 0.84%), were the top losers. Among the other losers were Vedanta Ltd (down 0.61%), Tata Steel Ltd (down 0.46%), APL Apollo Tubes Ltd (down 0.4%), and Hindustan Zinc Ltd (down 0.16%).

On the other hand, National Aluminium Company Ltd (up 0.72%), moved up.

At 13:48 IST, the S&P BSE Sensex was down 126.62 or 0.21% at 60134.56.

The Nifty 50 index was down 53.75 points or 0.3% at 17902.85.

The S&P BSE Small-Cap index was up 15.54 points or 0.05% at 28873.84.

The S&P BSE 150 Midcap Index index was down 17.82 points or 0.2% at 8970.71.

On BSE,1742 shares were trading in green, 1786 were trading in red and 184 were unchanged.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 16 2023 | 2:00 PM IST

Next Story