Basic materials shares gain
Basic materials stocks were trading in the positive zone, with the S&P BSE Basic Materials index rising 70.2 points or 1.5% at 4735.91 at 09:49 IST. Among the components of the S&P BSE Basic Materials index, Tata Steel Ltd (up 4.43%), Kalyani Steels Ltd (up 4.37%),Tata Steel BSL Ltd (up 4.2%),MOIL Ltd (up 3.95%),Tata Steel Long Products Ltd (up 3.81%), were the top gainers. Among the other gainers were Galaxy Surfactants Ltd (up 3.56%), Prakash Industries Ltd (up 3.23%), JSW Steel Ltd (up 3.18%), Hindalco Industries Ltd (up 3.09%), and Sunflag Iron & Steel Company Ltd (up 2.92%). On the o...