Share market update: Metal shares decline; Coal India down 3%

NEW DELHI: Metal shares were with losses in Wednesday's morning session.

Shares of Coal India (down 3.64 per cent), Jindal Steel & Power (down 2.61 per cent), MOIL (down 1.84 per cent), Steel Authority of India (down 1.1 per cent), National Mineral Development Corp (down 1.04 per cent), Welspun Corp (down 0.95 per cent), Hindustan Zinc (down 0.89 per cent), National Aluminium Company (down 0.55 per cent), Ratnamani Metals & Tubes (down 0.41 per cent), Tata Steel (down 0.09 per cent) and JSW Steel (down 0.07 per cent) were the top losers in the index.

The Nifty Metal index was trading 0.65 per cent down at 2781.8 around 10:35 am.

Benchmark NSE Nifty50 index was down 38.60 points at 12131.25 , while the BSE Sensex was down 98.88 points at 41,224.93.

Among the 50 stocks in the Nifty index, 18 were trading in the green, while 32 were in the red.

Shares of Vodafone Idea, YES Bank, Zee Ent., Tata Motors, Bharti Airtel, ONGC, Ashok Leyland, SBI, Havells India and Coal India Ltd were among the most traded shares on the NSE.