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Basic materials stocks edge higher

Basic materials stocks were trading with gains, with the S&P BSE Basic Materials index increasing 19.86 points or 0.52% at 3853.82 at 09:48 IST. Among the components of the S&P BSE Basic Materials index, Manali Petrochemicals Ltd (up 14.53%), Polyplex Corporation Ltd (up 12.1%),Sunflag Iron & Steel Company Ltd (up 3.25%),Hil Ltd (up 2.85%),Sandur Manganese & Iron Ores Ltd (up 2.67%), were the top gainers. Among the other gainers were J K Cements Ltd (up 2.67%), Century Plyboards (India) Ltd (up 2.56%), Vedanta Ltd (up 2.45%), DCW Ltd (up 2.41%), and Linde India Ltd (up 2.41%). On the other hand, Indian Metals & Ferro Alloys Ltd (down 7.86%), Gujarat Alkalies & Chemicals Ltd (down 5.66%), and Greenpanel Industries Ltd (down 4.48%) turned lower.

Metal shares rise

Read more about Metal shares rise on Business Standard. Metal stocks were trading with gains, with the S&P BSE Metal index rising 67.27 points or 0.53% at 12686.26 at 09:48 IST.

Telecom stocks tank

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