Read more about Market turns positive amid initial volatility; breadth strong on Business Standard. Key benchmark indices are trading with modest gains in early trade amid mild volatility. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 75.95 points or 0.15% at 52,351.52. The Nifty 50 index was up 27.75 points or 0.18% at 15,767.85.
Metal stocks were trading with losses, with the S&P BSE Metal index decreasing 546.79 points or 2.81% at 18934.19 at 13:49 IST. Among the components of the S&P BSE Metal index, Jindal Steel & Power Ltd (down 8.32%), NMDC Ltd (down 7.64%),National Aluminium Company Ltd (down 4.8%),Coal India Ltd (down 3.88%),Hindalco Industries Ltd (down 3.75%), were the top losers. Among the other losers were Tata Steel Ltd (down 3.28%), Steel Authority of India Ltd (down 2.38%), Vedanta Ltd (down 1.79%), and Hindustan Zinc Ltd (down 0.76%). On the other hand, JSW Steel Ltd (up 1.02%), turned up.
At 13:49 IST, the S&P BSE Sensex was down 13.51 or 0.03% at 48677.29.
The Nifty 50 index was down 22.75 points or 0.15% at 14673.75.