While, Hindalco is down by 2.72%, National Aluminium is down by 2.58%, Tata Steel is down by 2.16%, Vedanta Steel is down by 1.35% and JSW Steel is down by 1.08%.
Tata Steel, Hindalco and Vedanta Steel is contributing most to the index losses and dragging the index down.
At 11 AM, the S&P BSE Sensex is trading at 28217.44 down 70.48 points, while NSE Nifty is trading at 8743.85 down 25.10 points. A total of 53 stocks registered a fresh 52-week high in trade today, while 4 stocks touched a new 52-week low on the NSE.
The BSE Mid-cap Index is trading down 0.31% at 13433.71, whereas BSE Small-cap Index is trading up 0.08% at 13547.06.
Some buying activity is seen in Energy, FMCG, Finance and Healthcare indices, while Consumer Durables and Metal indices are showing weakness on BSE.
Power Grid, Aurobindo Pharma, Kotak Mahindra Bank, Tech Mahindra, and Hero MotoCorp are among the gainers, whereas Bank of Baroda, Cipla, BHEL, Hindalco and Coal India are losing sheen on NSE.
The INDIA VIX is up 1.80% at 13.59.
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