Title: Share market update: Metal shares advance; Tata Steel rises nearly 3%
NEW DELHI: Most metal shares were trading with gains in Wednesday's afternoon session, keeping their sectoral index on NSE in the positive zone.
Shares of Tata Steel (up 2.66 per cent), Steel Authority of IndiaNSE 0.63 % (SAIL) (up 1.54 per cent), Welspun Corp (up 1.51 per cent) and Hindalco Industries (up 1.12 per cent) were trading in the green.
Coal IndiaNSE 1.61 % (up 0.97 per cent) JSW Steel (up 0.69 per cent) and Hindustan Zinc (up 0.59 per cent) too were trading higher.
The Nifty Metal index was trading 0.92 per cent up at 2793.70 around 12:09 pm.
Benchmark NSE Nifty50 index was up 82 points at 11,016.35 while the BSE Sensex was up 247.91 points at 36,864.72.
Among the 50 stocks in the Nifty index, 39 were trading in the green, while 11 were in the red.
Shares of YES Bank, Zee Entertainment, Vodafone Idea, BHEL, ICICI Bank, Tech Mahindra, NTPC, Ashok Leyland, Vedanta SAIL, Bank of Baroda, DLF, Tata Motors, SBI and RIL were among the most traded shares on the NSE.