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    Stock market update: Mining stocks up as market falls

    Synopsis

    The 30-share BSE Sensex was down 172.3 points at 59328.11

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    MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages.
    NEW DELHI: Mining stocks were trading higher on Tuesday at 11:26AM

    Pokarna(up 2.75%), NMDC Ltd(up 2.29%), Aro Granite Industries(up 1.92%), KIOCL(up 1.92%), MOIL(up 1.71%), Gujarat Mineral Dvpt Corporation(up 1.68%), 20 Microns(up 1.60%), Orissa Minerals Development Company(up 1.55%), Ashapura Minechem(up 1.31%) and Madhav Marbles and Granites(up 0.82%) were among the top gainers.

    Coal India(down 0.35%) were among the top losers.

    The NSE Nifty50 index was trading 44.55 points down at 17604.4, while the 30-share BSE Sensex was down 172.3 points at 59328.11 at around 11:26AM.

    Adani Enterprises(up 3.13%), State Bank of India(up 2.68%), Bharat Petroleum Corporation(up 2.64%), JSW Steel(up 2.42%), Power Grid Corporation of India(up 2.38%), Adani Ports & Special Economic Zone(up 2.35%), UPL Ltd(up 2.2%), Mahindra & Mahindra(up 1.79%), UltraTech Cement(up 1.64%) and Eicher Motors(up 1.44%) were among the top gainers in the Nifty pack.

    On the other hand, Tech Mahindra(down 3.06%), Britannia Industries(down 2.77%), Bajaj Finance(down 2.11%), HDFC LIFE INSURANCE(down 1.6%), Infosys(down 1.37%), Tata Consultancy(down 1.34%), HCL Technologies(down 1.33%), SBI Life(down 1.06%), TATA CONSUMER PRODUCTS(down 0.99%) and Sun Pharmaceutical Industries(down 0.98%) were trading in the red.



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