NEW DELHI: Most of the cement stocks including Mangalam CementBSE 9.55 % (up 7.98 per cent), HeidelbergCement India (up 7.29 per cent) and Prism Cement (up 7.23 per cent) were trading up in Tuesday's trade.
Shares of Sanghi IndustriesBSE 2.07 % (up 3.76 per cent), Andhra Cements (up 3.47 per cent), Gujarat Sidhee Cement (up 2.83 per cent), JK Lakshmi Cement (up 2.55 per cent), Deccan Cements (up 2.46 per cent), APCL (up 2.44 per cent), Ramco Cements (up 2.06 per cent), Kakatiya Cements Sugar & Industries (up 1.78 per cent) and Orient Cement (up 1.64 per cent) were also trading with gains.
However, some cement stocks such as IFGL Refractories (down 5.67 per cent), Burnpur Cement (down 3.72 per cent), HIL (down 2.78 per cent), Rain Industries (down 2.65 per cent), Visaka Industries (down 2.58 per cent), IFGL Refractories (down 2.40 per cent), Ramco Industries (down 2.14 per cent) and Birla CorporationBSE -1.43 % (down 1.51 per cent) were trading down.
Equity benchmarks cooled off a bit on concerns over trade deficit ballooning to a three-year high.
Trade deficit was USD 14.88 billion in December, up about 41 per cent year-on-year, as crude oil and gold import bill inflated, as per the data by the commerce ministry.
The NSE Nifty50 index was trading 11 points down at 10,731, while the 30-share BSE Sensex was 3 points down at 34,840 around 10:40 am (IST).
Wipro, Tata Consultancy Services, HCL Technologies, Tech Mahindra and Infosys were among the top gainers in the Nifty pack.
On the other hand, Coal India, Bharat Petroleum Corporation, Hindustan Petroleum Corporation, Reliance IndustriesBSE -1.40 %, Hindalco IndustriesBSE -1.63 % and Indian Oil Corporation were trading in red in the Nifty50 index.
Source: economictimes.indiatimes.com