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Nifty holds on in green. Metal stocks rise

Markets have been trading in the green with the Nifty holding firm above the 5150 level. Stocks from the metal segment have seen surges.

At 10:03 AM, the Nifty is at 5177, up by 19 pts or 0.4%.

Hindalco is beaming with 3.7% gains. SAIL has recorded a 3.8% gain. Sterlite is also up by 3.6%. Tata steel is up by 2.4%, while JSW Steel is up by 1.3%.

Sesagoa is up by 5.8%. Guj NRE Coke has shown a 3.6% surge in the trade today.

Tatamotors, from the auto pack, is up by 1.5%. Maruti is however trading soft with minor cuts.

Most of the banking stocks have slipped into the red territory. ICICI Bank and SBI are trading with moderate cuts, while PNB has slipped by 1.6%.

Reliance Infra has corrected by 1.6%.

The CNX Midcap index has seen a rise of 0.7%.

Crompton greaves (CROMPGREAV) is up by 2.6%. Educomp solutions is also up by 2.2%. Titan industries is up by 2.2%. Sugar stocks like Renuka sugars and Bajaj Hindustan, have also seen good buying.



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