Money on the markets

A maturing market amid the mayhem

Metal index tops sectoral gainers

February 16, 2010

Metal stocks had a good run on Tuesday which helped push the BSE Metal Index up 1.6 percent in a broader Mumbai market that rose 1.1 percent.

NALCO led the index components with a 4.2 percent rise, followed by Hindalco which gained 3.2 percent.

Only three stocks in the index, including Sesa Goa, closed in the red.

Sterlite Industries rose 2.3 percent to 761.7 rupees as copper prices moved upwards, tracking small losses in the dollar.

The index has lost more than 11 percent since mid-January.

Which is your favourite pick in this sector?

Post Your Comment

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see