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    Stock market update: Mining stocks up as market rises

    Synopsis

    The 30-share BSE Sensex closed up 20.86 points at 58136.36

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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 higher in the Tuesday's session.

    Pokarna(up 6.03%), Oriental Trimex(up 5.14%), Lexus Granito(up 4.01%), Gujarat Mineral Dvpt Corporation(up 3.85%), Aro Granite Industries(up 1.76%), Coal India(up 1.18%), KIOCL(up 0.80%), Madhav Marbles and Granites(up 0.65%) and MOIL(up 0.51%) stood among the top gainers.

    20 Microns(down 3.95%), Ashapura Minechem(down 0.78%), Orissa Minerals Development Company(down 0.49%) and NMDC Ltd(down 0.23%) were among the top losers of the day.

    The NSE Nifty50 index ended 5.4 points up at 17345.45, while the 30-share BSE Sensex closed up 20.86 points at 58136.36.

    IndusInd Bank(up 2.61%), Asian Paints(up 2.15%), NTPC(up 1.95%), Maruti Suzuki(up 1.88%), Power Grid Corporation of India(up 1.67%), Hindustan Unilever(up 1.63%), State Bank of India(up 1.56%), Kotak Mahindra Bank(up 1.55%), JSW Steel(up 1.49%) and Grasim Industries(up 1.37%) stood among the top gainers in the Nifty pack.

    On the other hand, UPL Ltd(down 3.62%), Hero MotoCorp(down 2.44%), SBI Life(down 2.14%), Britannia Industries(down 1.75%), Tech Mahindra(down 1.62%), HDFC LIFE INSURANCE(down 1.38%), Hindalco Industries(down 1.32%), HDFC(down 1.28%), Oil & Natural Gas Corporation(down 1.23%) and Larsen & Toubro(down 1.19%) closed in the red.



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