Stock market update: Mining stocks down as market rises

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NEW DELHI: Mining stocks were trading lower on Tuesday at 10:40AM

Gujarat Mineral Dvpt Corporation(up 6.00%), Lexus Granito(up 4.93%), MOIL(up 2.44%) and Pokarna(up 2.07%) were among the top gainers.

Oriental Trimex(down 7.48%), 20 Microns(down 3.75%), Madhav Marbles and Granites(down 1.94%), NMDC Ltd(down 1.04%), Orissa Minerals Development Company(down 1.03%), Coal India(down 0.87%), Ashapura Minechem(down 0.80%), Aro Granite Industries(down 0.31%) and KIOCL(down 0.25%) were among the top losers.

The NSE Nifty50 index was trading 33.55 points up at 18036.85, while the 30-share BSE Sensex was up 133.59 points at 60529.22 at around 10:40AM.

HCL Technologies(up 2.67%), HDFC(up 2.46%), NTPC(up 1.37%), Divis Laboratories(up 1.3%), Tech Mahindra(up 1.12%), Oil & Natural Gas Corporation(up 0.88%), Reliance Industries(up 0.82%), Sun Pharmaceutical Industries(up 0.79%), Dr Reddys Laboratories(up 0.7%) and TATA CONSUMER PRODUCTS(up 0.66%) were among the top gainers in the Nifty pack.

On the other hand, JSW Steel(down 2.1%), Tata Steel(down 1.85%), Bajaj Finance(down 1.28%), Adani Ports & Special Economic Zone(down 1.09%), Asian Paints(down 0.94%), Bharti Airtel(down 0.88%), Coal India(down 0.87%), Kotak Mahindra Bank(down 0.74%), Bharat Petroleum Corporation(down 0.68%) and HDFC LIFE INSURANCE(down 0.6%) were trading in the red.

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