Basic materials stocks were trading with gains, with the S&P BSE Basic Materials index rising 77.9 points or 1.72% at 4619.19 at 09:49 IST. Among the components of the S&P BSE Basic Materials index, Aarti Surfactants Ltd (up 16.59%), National Fertilizer Ltd (up 13.77%),Deepak Fertilizers & Petrochemicals Corp Ltd (up 12.67%),Rashtriya Chemicals & Fertilizers Ltd (up 10.64%),Privi Speciality Chemicals Ltd (up 5.81%), were the top gainers. Among the other gainers were Zuari Agro Chemicals Ltd (up 5.78%), Jindal Stainless Ltd (up 5.11%), Mangalore Chemicals & Fertilizers Ltd (up 4.93%), Vinati Organics Ltd (up 4.91%), and National Peroxide Ltd (up 4.89%). On the other hand, Hindustan Copper Ltd (down 4.93%), Vikas Wsp Ltd (down 2.51%), and Star Paper Mills Ltd (down 1.97%) moved lower.
Basic materials stocks were trading with gains, with the S&P BSE Basic Materials index rising 77.9 points or 1.72% at 4619.19 at 09:49 IST. Among the components of the S&P BSE Basic Materials index, Aarti Surfactants Ltd (up 16.59%), National Fertilizer Ltd (up 13.77%),Deepak Fertilizers & Petrochemicals Corp Ltd (up 12.67%),Rashtriya Chemicals & Fertilizers Ltd (up 10.64%),Privi Speciality Chemicals Ltd (up 5.81%), were the top gainers. Among the other gainers were Zuari Agro Chemicals Ltd (up 5.78%), Jindal Stainless Ltd (up 5.11%), Mangalore Chemicals & Fertilizers Ltd (up 4.93%), Vinati Organics Ltd (up 4.91%), and National Peroxide Ltd (up 4.89%). On the other hand, Hindustan Copper Ltd (down 4.93%), Vikas Wsp Ltd (down 2.51%), and Star Paper Mills Ltd (down 1.97%) moved lower.
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Nifty Metal index closed down 2.01% at 3976.85 today. The index has added 21.00% over last one month. Among the constituents, APL Apollo Tubes Ltd rose 5.69%, Hindustan Copper Ltd dropped 4.97% and Jindal Steel & Power Ltd fell 3.72%.
The Nifty Metal index has increased 73.00% over last one year compared to the 34.04% spike in benchmark Nifty 50 index. In other indices, Nifty Financial Services index has slid 1.80% and Nifty Media index gained 1.60% on the day. In broad markets, the Nifty 50 has slid 1.08% to close at 15080.75 while the SENSEX has slid 1.16% to close at 50846.08 today.
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