Stock market update: Sugar stocks down as market falls

NEW DELHI: Sugar shares closed lower in the Wednesday’s session.

Rana Sugars(up 3.69%) stood among the top gainers.

Kothari Sugars & Chemicals(down 6.21%), BAJAJHIND(down 4.93%), K.M.Sugar Mills(down 4.89%), Shree Renuka Sugars(down 4.86%), Rajshree Sugars & Chemicals(down 4.84%), Sakthi Sugars(down 4.73%), Uttam Sugar Mills(down 4.05%), Dwarikesh Sugar Industries(down 3.35%), AVADHSUGAR(down 3.35%) and Dhampur Sugar Mills(down 3.14%) were among the top losers of the day.

The NSE Nifty50 index ended 176.3 points down at 17646.0, while the 30-share BSE Sensex closed down 555.15 points at 59189.73.

Oil & Natural Gas Corporation(up 2.72%), TATA CONSUMER PRODUCTS(up 2.4%), UPL Ltd(up 1.77%), Britannia Industries(up 1.45%), HDFC Bank(up 1.22%), Bharat Petroleum Corporation(up 0.75%), HDFC(up 0.35%), Indian Oil Corporation(up 0.15%) and Bajaj Finance(up 0.14%) stood among the top gainers in the Nifty pack.

On the other hand, SBI Life(down 3.95%), Hindalco Industries(down 3.92%), IndusInd Bank(down 3.14%), JSW Steel(down 2.96%), Tata Steel(down 2.81%), Adani Ports & Special Economic Zone(down 2.68%), Tata Motors(down 2.58%), Coal India(down 2.58%), Sun Pharmaceutical Industries(down 2.43%) and Bajaj Auto(down 2.43%) closed in the red.

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