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Stock market update: Nifty Metal index lone sectoral loser on NSE

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NEW DELHI: The Nifty Metal index finished Tuesday's session as the lone loser among sectoral indices on NSE.

The index settled 0.43 per cent down at 3,629 with 7 stocks advancing and 8 declining.

Shares of Hindalco Industries (down 1.63 per cent), Tata Steel (down 1.54 per cent) and Coal India (down 1.37 per cent) stood as the top losers in the index.

Shares of Jindal Stainless (Hisar) (down 0.89 per cent), MOIL (down 0.48 per cent), Vedanta (down 0.24 per cent) and JSW Steel (down 0.09 per cent) also ended the day in the red.

On the other hand, Hindustan Copper (up 3.62 per cent), Steel Authority of India (SAIL) (up 2.77 per cent), National Aluminium Company (Nalco) (up 2.31 per cent) and Jindal Steel & Power (up 2.21 per cent) clocked decent gains.

APL Apollo Tubes (up 1.67 per cent), NMDC (up 0.69 per cent) and Hindustan Zinc (up 0.65 per cent) also ended the day in the green.

Healthy buying in most sectors, led by FMCG, pharma, IT, auto and bank, triggered by firm Asian cues after a historic meet between the US President Donald Trump and North Korean leader Kim Jong Un gave a fillip to domestic market sentiment on Tuesday.

The equity barometer Sensex surged by 209 points, or 0.59 per cent, to end the day at 35,693, with 17 stocks advancing and 14 declining.

The Nifty pack climbed 56 points, or 0.52 per cent, finishing Tuesday's session at 10,843 with 29 stocks in the green and 21 in the red.

Bharti Airtel, Hindalco Industries, Tata Steel, Eicher Motors, Coal India and UPL finished the day as the top losers in the Nifty pack of stocks on Tuesday.

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