Stock Market Sectors: Mining Stocks Show Resilience in a Falling Market

Thursday, 12 September 2024, 21:59

Stock market sectors are witnessing a contrast as mining stocks surge while the broader market declines. Key players like Orissa Minerals and Aro Granite are experiencing significant gains. Meanwhile, the NSE Nifty50 and BSE Sensex are showing downward trends. This divergence highlights the dynamic nature of stock market sectors.
Indiatimes
Stock Market Sectors: Mining Stocks Show Resilience in a Falling Market

Current Trends in Stock Market Sectors

NEW DELHI: Stock market sectors are exhibiting varied performance today, particularly with mining stocks showing a notable uptrend. The Orissa Minerals Development Company Ltd. rose by 6.44%, followed by Aro Granite Industries Ltd. at 4.09%. Other gainers include Sandur Manganese & Iron Ores Ltd. (up 2.32%) and MOIL Ltd. (up 2.15%). Contrastingly, Coal India Ltd. experienced a slight decline of 0.42%.

Market Overview

As of 10:29 AM, the NSE Nifty50 index decreased by 45.91 points, settling at 25,343.0. The BSE Sensex also fell, down 122.49 points at 82,840.22.

Notable Performers

  • Top Gainers in Mining Sector: Orissa Minerals, Aro Granite, Sandur Manganese
  • Top Gainers in Nifty: Wipro Ltd. (up 3.2%), Bajaj Finance Ltd. (up 1.91%)
  • Top Losers: Asian Paints Ltd. (down 1.25%), ITC Ltd. (down 1.19%)

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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