Live Markets »News & Advice»Market News»Market News Details
Market News Details
Back

Metals shares gain post Q2 GDP numbers

SI Reporter/Mumbai 30 Nov 12 | 11:57 AM

Shares of metal companies have rallied up to 4% after the mining and quarrying sector exhibited a growth of 1.9% in the second quarter (July-September) of this fiscal. The sector had recorded 5.4% fall during the same quarter of previous fiscal on year-on-year basis.

Sterlite Industries, Jindal Steel and Power, NMDC, Steel Authority of India, Tata Steel, Sesa Goa, Hindalco Industries and JSW Steel are up 2-4% on the BSE. 

Related Stories

    No Related Stories Found

The BSE metal index, the largest gainer among the sectoral indices, is up nearly 2% or 177 points compared to 0.5% or 95 points rise in benchmark Sensex at 1149 hours.

Meanwhile, LMEX, a gauge of six metals traded on the London Metal Exchange (LME), rose almost 2% on Thursday.

 

Sensex

Company Price Gain (%)
Tata Motors421.402.48
Wipro586.002.47
Axis Bank1,464.102.27
ICICI Bank1,249.002.18
Infosys3,203.601.50

Poll

Will TCS outperform Infosys in terms of profit growth in Q4?


Online Portfolio

You can create Online Portfolio here using the below button.