Stock market update: Mining stocks down as market rises

NEW DELHI: Mining shares closed higher in the Wednesday's session. Aro Granite Industries Ltd.(up 0.

97%), KIOCL Ltd.(up 0.33%), NMDC Ltd.



(up 0.23%) and Coal India Ltd.(up 0.

09%) stood among the top gainers. Ashapura Minechem Ltd.(down 2.

98%), Pokarna Ltd.(down 2.56%), Gujarat Mineral Development Corporation Ltd.

(down 2.11%), Sandur Manganese & Iron Ores Ltd.(down 2.

09%), The Orissa Minerals Development Company Ltd.(down 1.77%), Lexus Granito(India)Ltd.

(down 1.47%), MOIL Ltd.(down 1.

34%), Oriental Trimex Ltd.(down 0.99%), 20 Microns Ltd.

(down 0.70%) and Madhav Marbles & Granites Ltd.(down 0.

07%) were among the top losers of the day. The NSE Nifty50 index ended 161.71 points up at 24328.

95, while the 30-share BSE Sensex closed up 520.9 points at 80116.49.

HCL Technologies Ltd.(up 7.71%), Tata Motors Ltd.

(up 4.61%), Tech Mahindra Ltd.(up 4.

59%), Wipro Ltd.(up 4.04%), Infosys Ltd.

(up 3.67%), Mahindra & Mahindra Ltd.(up 3.

58%), Tata Consultancy Services Ltd.(up 2.98%), Hero MotoCorp Ltd.

(up 2.79%), Sun Pharmaceutical Industries Ltd.(up 2.

37%) and Tata Steel Ltd.(up 2.18%) stood among the top gainers in the Nifty pack.

On the other hand, Grasim Industries Ltd.(down 2.33%), HDFC Bank Ltd.

(down 1.93%), Bharat Petroleum Corporation Ltd.(down 1.

85%), Kotak Mahindra Bank Ltd.(down 1.85%), State Bank of India(down 1.

09%), Axis Bank Ltd.(down 0.82%), Eicher Motors Ltd.

(down 0.77%), ITC Ltd.(down 0.

64%), HDFC Life Insurance Company Ltd.(down 0.49%) and JSW Steel Ltd.

(down 0.48%) closed in the red..