Stock market update: Sugar stocks down as market rises

NEW DELHI: Sugar shares closed higher in the Monday’s session.

Triveni Engineering & Industries(up 0.94%), Simbhaoli Sugars(up 0.32%) and Balrampur Chini Mills(up 0.08%) stood among the top gainers.

Sakthi Sugars(down 3.85%), Vishwaraj Sugar Industries(down 2.82%), KCP Sugar & Industries(down 2.28%), Kothari Sugars & Chemicals(down 2.06%), K.M.Sugar Mills(down 1.95%), Dharani Sugars & Chemicals(down 1.89%), Shree Renuka Sugars(down 1.82%), Dalmia Bharat Sugar & Industries(down 1.61%), Ponni Sugars(Erode)(down 1.49%) and Mawana Sugars(down 1.38%) were among the top losers of the day.

The NSE Nifty50 index ended 50.75 points up at 17945.95, while the 30-share BSE Sensex closed up 76.72 points at 60135.78.

Tata Motors(up 8.57%), Coal India(up 4.46%), Maruti Suzuki(up 3.64%), Grasim Industries(up 3.31%), Power Grid Corporation of India(up 3.06%), Hindalco Industries(up 2.92%), ITC(up 2.74%), NTPC(up 2.62%), Oil & Natural Gas Corporation(up 2.52%) and State Bank of India(up 2.46%) stood among the top gainers in the Nifty pack.

On the other hand, Tata Consultancy(down 6.35%), Tech Mahindra(down 2.76%), Infosys(down 1.91%), HCL Technologies(down 1.46%), Wipro(down 1.26%), Britannia Industries(down 1.1%), Reliance Industries(down 0.7%), Bharti Airtel(down 0.67%), HDFC LIFE INSURANCE(down 0.66%) and Larsen & Toubro(down 0.58%) closed in the red.

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