MUMBAI (Commodity Online): Metal stocks traded in red on the Bombay Stock Exchange (BSE) in the morning trades today even as the key benchmark index, Sensex remained positive with overall positive sentiment.

Leading metal stocks including Gujarat NRE Coke (BOM: 512579), Hindustan Zinc (BOM: 500188), JSW Steel (BOM:500228), Jindal Steel & Power (BOM:532286) remained negative on BSE in the early trades today.

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The sectoral index, BSE metals fell by 0.57% to 17850.01 points. Tata Steel Ltd (BOM:500470) lost 1.35% to Rs.636.55, while Steel Authority of India Ltd (SAIL) (BOM:500113) fell by 0.51% to Rs.236.20 on the BSE today.

Gujarat NRE Coke and Hindustan Zinc traded with marginal losses at Rs.88.55 and Rs.1299.20 respectively, while Jindal group company, JSW Steel fell by 1.49% to Rs.1162 in the morning trades today.

However, metal prices remained firm on the commodity exchanges today. Copper futures, MCX February contract gained Rs.2.30 to Rs.343.15 per kg, while aluminium posted marginal gains to Rs.105.35 for MCX January contract. Steel prices, however, fell by Rs.300 per tonne to Rs.25,100 per MT for MCX January contract.

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