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    Stock market update: Mining stocks down as market falls

    Synopsis

    The 30-share BSE Sensex closed down 304.18 points at 60353.27

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    Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs.
    NEW DELHI: Mining shares closed lower in the Thursday's session.

    Pokarna(up 4.26%), KIOCL(up 0.83%), Gujarat Mineral Dvpt Corporation(up 0.65%), Coal India(up 0.46%) and NMDC Ltd(up 0.21%) stood among the top gainers.

    Lexus Granito(down 4.29%), Oriental Trimex(down 1.80%), Aro Granite Industries(down 1.01%), Ashapura Minechem(down 0.90%), Orissa Minerals Development Company(down 0.77%), 20 Microns(down 0.66%), Madhav Marbles and Granites(down 0.46%) and MOIL(down 0.15%) were among the top losers of the day.

    The NSE Nifty50 index ended 50.8 points down at 17992.15, while the 30-share BSE Sensex closed down 304.18 points at 60353.27.

    Hero MotoCorp(up 2.14%), Cipla(up 2.01%), NTPC(up 1.98%), ITC(up 1.97%), JSW Steel(up 1.96%), Bajaj Auto(up 1.92%), Hindustan Unilever(up 1.88%), Britannia Industries(up 1.85%), HDFC LIFE INSURANCE(up 1.81%) and Bharat Petroleum Corporation(up 1.8%) stood among the top gainers in the Nifty pack.

    On the other hand, Bajaj Finance(down 7.17%), Bajaj Finserv(down 5.1%), ICICI Bank(down 2.22%), Titan Company Ltd(down 1.36%), Infosys(down 1.31%), Power Grid Corporation of India(down 1.07%), Tech Mahindra(down 0.85%), Axis Bank(down 0.83%), Wipro(down 0.72%) and HDFC Bank(down 0.64%) closed in the red.



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