Read more about Sturdy Industries reports standalone net loss of Rs 3.62 crore in the March 2021 quarter on Business Standard. Sales decline 61.40% to Rs 8.94 crore
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Metal stocks were trading with gains, with the S&P BSE Metal index increasing 198.67 points or 1.3% at 15471.26 at 09:49 IST. Among the components of the S&P BSE Metal index, JSW Steel Ltd (up 2.88%), Steel Authority of India Ltd (up 2.84%),National Aluminium Company Ltd (up 2.6%),Jindal Steel & Power Ltd (up 1.54%),Tata Steel Ltd (up 1.03%), were the top gainers. Among the other gainers were Hindalco Industries Ltd (up 0.91%), Coal India Ltd (up 0.81%), Vedanta Ltd (up 0.15%), and Hindustan Zinc Ltd (up 0.08%).
At 09:49 IST, the S&P BSE Sensex was up 333.45 or 0.68% at 49492.77.
The Nifty 50 index was up 104.5 points or 0.71% at 14742.3.
The S&P BSE Small-Cap index was up 181.11 points or 0.87% at 21026.1.
Indices traded sideways with decent gains in morning trade. The Nifty hovered above the crucial 15,000 mark. Metal and PSU bank stocks saw selling pressure while IT stocks advanced. Shares rose on bargain hunting after yesterday s steep correction.
At 10:28 IST, the barometer index, the S&P BSE Sensex, was up 295 points or 0.59% at 50,690.92. The Nifty 50 index gained 75.35 points or 0.5% at 15,004.
In broader market, the S&P BSE Mid-Cap index was up 0.4% while the S&P BSE Small-Cap index was gained 0.52%.
The market breadth, indicating the overall health of the market, was positive. On the BSE, 1476 shares rose and 1008 shares fell. A total of 138 shares were unchanged.