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?

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