The BSE Metal is the top losing index on Friday’s morning session. It is down 0.4% at 11077.Tata Steel and Vedanta are contributing majorly to the index losses and dragging it to lower levels. Tata Steel is down by 1.8% at Rs 488 per share and Vedanta is also down by 0.8% at Rs 229 per share.
Other stocks in the index such as National Aluminium Company is down by 0.8% at Rs 66 per share and Hindalco is down by 0.8% at Rs 195 per share.
The Nifty metal index is trading lower on Friday than its previous close. On the NSE, JSW Steel is down by 0.13% at Rs 195 per share, APL Apollo Tubes is down by 0.11% at Rs 1448 per share, Hindustan Zinc is down by 0.06% at Rs 238 per share.
Meanwhile, GMR Infrastructure is surging ahead on the BSE. It is up by 14% at Rs 17 per share.
At 11 AM, the S&P BSE Sensex is trading at 31243 up 105 points, while NSE Nifty is trading at 9642 up 26 points. A total of 51 stocks registered a fresh 52-week high in trade today, while 32 stocks touched a new 52-week low on the NSE.
The BSE Mid-cap Index is trading up 0.52% at 14772, while BSE Small-cap Index is trading up 0.29% at 15278.
Some buying activity is seen in Telecom, Power and Realty indices, while Capital Goods, Oil & Gas and Metal indices are showing weakness on BSE.
Bharti Airtel, Cipla, Adani Ports and Hero Motocorp are among the gainers, whereas Tata Steel, Power Grid, Hindalco and Vedanta are losing on the NSE.
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