Stock market update: Mining stocks up as market rises

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NEW DELHI: Mining stocks were trading higher on Tuesday at 11:05AM

MOIL Ltd.(up 5.96%), The Orissa Minerals Development Company Ltd.(up 2.49%), NMDC Ltd.(up 1.28%), 20 Microns Ltd.(up 1.21%), KIOCL Ltd.(up 0.91%), Ashapura Minechem Ltd.(up 0.87%), Gujarat Mineral Development Corporation Ltd.(up 0.76%) and Lexus Granito(India)Ltd.(up 0.69%) were among the top gainers.

Oriental Trimex Ltd.(down 1.99%), Pokarna Ltd.(down 1.46%), Coal India Ltd.(down 1.21%), Madhav Marbles & Granites Ltd.(down 1.10%), Sandur Manganese & Iron Ores Ltd.(down 0.41%) and Aro Granite Industries Ltd.(down 0.10%) were among the top losers.

The NSE Nifty50 index was trading 84.55 points up at 22750.85, while the 30-share BSE Sensex was up 334.54 points at 75077.04 at around 11:05AM.

Tata Steel Ltd.(up 2.58%), Infosys Ltd.(up 2.4%), Hindalco Industries Ltd.(up 2.38%), ICICI Bank Ltd.(up 1.32%), Apollo Hospitals Enterprise Ltd.(up 1.23%), HCL Technologies Ltd.(up 1.18%), Grasim Industries Ltd.(up 1.18%), UPL Ltd.(up 0.98%), Axis Bank Ltd.(up 0.97%) and JSW Steel Ltd.(up 0.92%) were among the top gainers in the Nifty pack.

On the other hand, Hero MotoCorp Ltd.(down 1.34%), Coal India Ltd.(down 1.17%), Bharat Petroleum Corporation Ltd.(down 1.15%), Eicher Motors Ltd.(down 1.11%), Tata Consumer Products Ltd.(down 0.92%), Reliance Industries Ltd.(down 0.4%), NTPC Ltd.(down 0.4%), Titan Company Ltd.(down 0.34%), Kotak Mahindra Bank Ltd.(down 0.3%) and Adani Enterprises Ltd.(down 0.24%) were trading in the red.