Stock market update: Cement shares mixed; Andhra Cements drops 5%
APCL, Burnpur Cement and Sanghi Industries were among the top gainers.
Shares of APCL (up 3.38 per cent), Burnpur Cement (up 3.13 per cent), Sanghi Industries (up 1.61 per cent), NCL Industries (up 1.52 per cent) and Birla Corporation (up 1.43 per cent) were among the top gainers.
While Andhra Cements (down 4.90 per cent), Shri Keshav Cements (down 4.82 per cent), Orient Cement (down 2.99 per cent), UltraTech Cement (down 2.07 per cent) and Gujarat Sidhee Cement (down 1.32 per cent) were among the top losers.
The NSE Nifty50 index was trading 63.40 points down at 10,940.1, while the 30-share BSE Sensex was down 213.66 points at 36,909.65 around 10:15 am.
Vedanta (up 2.62 per cent), YES Bank (up 1.94 per cent), Titan Company (up 1.48 per cent), Hindalco Industries (up 1.05 per cent), GAIL (India) (up 1.00 per cent) were among the top gainers in the Nifty pack.
On the other hand, Axis Bank (down 2.43 per cent), UltraTech Cement (down 2.00 per cent), Bharat Petroleum Corporation (down 1.92 per cent), Hero MotoCorp (down 1.63 per cent) and Housing Development Finance Corporation (down 1.60 per cent) were trading in the red.