On Monday, mining company shares had a mixed day. Two companies, 20 Microns Ltd. and Pokarna Ltd., saw their stock prices go up, with increases of 2.16% and 0.51% respectively. However, many other mining companies did not do well. The biggest losers were Gujarat Mineral Development Corporation Ltd. (down 3.66%), NMDC Ltd. (down 3.52%), and KIOCL Ltd. (down 3.46%). Other companies like Madhav Marbles & Granites Ltd. and MOIL Ltd. also saw declines.
In the wider market, the NSE Nifty50 index dropped by 168.5 points to end at 23644.9, while the BSE Sensex fell by 450.94 points, closing at 78248.13.
On a brighter note, some companies in the Nifty pack had good news. Adani Enterprises Ltd. made quite the jump, up 7.57%. Other gainers included HCL Technologies Ltd. (up 1.96%) and Tech Mahindra Ltd. (up 1.71%).
However, it wasn’t all smiles for everyone. Hindalco Industries Ltd. saw a decrease of 2.65%, and names like Bharat Electronics Ltd. and Tata Motors Ltd. also ended the day down.
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