Stock market update: Sugar stocks down as market falls

NEW DELHI: Sugar stocks were trading lower on Friday at 10:09AM

Ugar Sugar Works(up 3.10%), Dhampur Sugar Mills(up 0.99%), K.M.Sugar Mills(up 0.78%), Mawana Sugars(up 0.75%), MAGADHSUGAR(up 0.59%), Bannari Amman Sugars(up 0.42%), Sakthi Sugars(up 0.33%), EID Parry(up 0.31%), Dwarikesh Sugar Industries(up 0.14%) and Dalmia Bharat Sugar & Industries(up 0.11%) were among the top gainers.

Simbhaoli Sugars(down 3.55%), BAJAJHIND(down 1.89%), Shree Renuka Sugars(down 1.60%), Rajshree Sugars & Chemicals(down 1.35%), Vishwaraj Sugar Industries(down 1.24%), Ponni Sugars(Erode)(down 0.97%), Kothari Sugars & Chemicals(down 0.97%), KCP Sugar & Industries(down 0.69%), Balrampur Chini Mills(down 0.64%) and Rana Sugars(down 0.61%) were among the top losers.

The NSE Nifty50 index was trading 124.05 points down at 17494.1, while the 30-share BSE Sensex was down 452.44 points at 58673.92 at around 10:09AM.

Indian Oil Corporation(up 1.24%), JSW Steel(up 1.08%), Tata Steel(up 1.04%), Oil & Natural Gas Corporation(up 1.04%), UltraTech Cement(up 0.98%), Power Grid Corporation of India(up 0.76%), Divis Laboratories(up 0.66%), Sun Pharmaceutical Industries(up 0.54%), Bharat Petroleum Corporation(up 0.46%) and Coal India(up 0.43%) were among the top gainers in the Nifty pack.

On the other hand, Maruti Suzuki(down 3.08%), Bajaj Finserv(down 2.46%), Bajaj Finance(down 1.85%), Asian Paints(down 1.65%), Tata Motors(down 1.62%), Adani Ports & Special Economic Zone(down 1.6%), ICICI Bank(down 1.55%), HDFC(down 1.51%), Bharti Airtel(down 1.29%) and HDFC Bank(down 1.25%) were trading in the red.

Source Link