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MARKET EYE -India's select mining, metal stocks up on coal blocks auction draft rules
November 20, 2014 / 4:22 AM / 3 years ago

MARKET EYE -India's select mining, metal stocks up on coal blocks auction draft rules

* Select mining and metal stocks gain after government released
e-auction rules.
* India's coal ministry on Wednesday unveiled draft rules for
auction of 204 coal blocks cancelled by India's top court
earlier - PIB website.
* Hindalco Industries gains 1 pct while Sarda Energy
and Minerals surges 4.5 pct
* Timeframe provided in the draft rules for auction is positive
- Dealers
* Details on pricing, compensation still awaited, dealers add.

 (abhishek.vishnoi@thomsonreuters.com /
abhishek.vishnoi.thomsonreuters.com@reuters.net)

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