Stock market update: Mining stocks up as market falls thumbnail

Stock market update: Mining stocks up as market falls

Synopsis

The 30-share BSE Sensex closed down 323.34 points at 58340.99

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India 10-year bond yield declined 0.40 per cent to 5.98 after trading in 5.98 -6.04 range.

NEW DELHI: Mining shares closed lower in the Wednesday’s session.

KIOCL(up 3.67%), Gujarat Mineral Dvpt Corporation(up 2.16%), Coal India(up 1.86%), NMDC Ltd(up 0.53%), MOIL(up 0.50%), Aro Granite Industries(up 0.48%), 20 Microns(up 0.42%) and Orissa Minerals Development Company(up 0.30%) stood among the top gainers.

Ashapura Minechem(down 1.36%), Oriental Trimex(down 1.05%), Madhav Marbles and Granites(down 0.96%) and Pokarna(down 0.10%) were among the top losers of the day.

The NSE Nifty50 index ended 88.3 points down at 17415.05, while the 30-share BSE Sensex closed down 323.34 points at 58340.99.

Adani Ports & Special Economic Zone(up 4.63%), Oil & Natural Gas Corporation(up 4.6%), Coal India(up 1.86%), Bharat Petroleum Corporation(up 1.45%), Kotak Mahindra Bank(up 1.44%), NTPC(up 1.39%), Indian Oil Corporation(up 1.15%), ICICI Bank(up 1.11%), SBI Life(up 0.89%) and Bajaj Finance(up 0.89%) stood among the top gainers in the Nifty pack.

On the other hand, TATA CONSUMER PRODUCTS(down 2.68%), Eicher Motors(down 2.39%), Infosys(down 2.35%), Maruti Suzuki(down 2.35%), Grasim Industries(down 2.04%), Cipla(down 1.88%), Divis Laboratories(down 1.69%), ITC(down 1.68%), Reliance Industries(down 1.44%) and Tech Mahindra(down 1.44%) closed in the red.

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