Stock Market Sectors: Stock market update: Mining stocks up as market falls

As of 10:45 AM on Monday, mining stocks exhibited a mixed performance in the Indian stock market.

Top Gainers in the Mining Sector:

• KIOCL led the gains with an increase of 2.55%.
• Sandur Manganese & Iron Ores followed closely, up by 2.39%.
• Pokarna recorded a rise of 1.41%.
• Other notable gainers included 20 Microns (up 1.31%), Orissa Minerals Development Company (up 0.98%), Madhav Marbles and Granites (up 0.82%), MOIL (up 0.71%), and NMDC Ltd (up 0.51%).

Top Losers in the Mining Sector:

• Lexus Granito witnessed a decline of 2.40%.
• Coal India faced a decrease of 1.43%.
• Ashapura Minechem recorded a loss of 1.39%.
• Other notable losers included Aro Granite Industries (down 1.09%), Oriental Trimex (down 0.50%), and Gujarat Mineral Development Corporation (down 0.10%).

Market Overview:

• The NSE Nifty50 index experienced a minor downturn, trading 2.3 points lower at 21,454.35.
• The 30-share BSE Sensex also saw a dip, down 31.03 points at 71,452.72 around 10:45 AM.

Top Gainers in Nifty:

• Bajaj Auto Ltd. led the pack with a gain of 2.64%.
• Sun Pharmaceutical Industries Ltd., Tech Mahindra Ltd., Eicher Motors Ltd., and Bajaj Finance Ltd. were among the top gainers.

Top Losers in Nifty:

• ITC Ltd. and ICICI Bank Ltd. faced declines of 1.64% and 1.55%, respectively.
• Coal India Ltd., Power Grid Corporation of India Ltd., and JSW Steel Ltd. also experienced losses.

Sectoral Trends:

• The overall sectoral trend in mining stocks indicated a diverse market performance.
• Nifty’s top gainers hailed from diverse sectors, including automotive, pharmaceuticals, and information technology.

As the market continues its morning trade, investors are closely monitoring sectoral movements and individual stock performances for potential opportunities.