Stock market update: Sugar stocks up as market rises

NEW DELHI: Sugar stocks were trading higher on Thursday at 10:24AM

Ponni Sugars(Erode)Ltd.(up 2.99%), Vishwaraj Sugar Industries Ltd.(up 2.84%), Bajaj Hindusthan Sugar Ltd.(up 2.43%), KCP Sugar & Industries Corporation Ltd.(up 1.28%), Rajshree Sugars & Chemicals Ltd.(up 1.08%), Dwarikesh Sugar Industries Ltd.(up 0.79%), Uttam Sugar Mills Ltd.(up 0.73%), Simbhaoli Sugars Ltd.(up 0.66%), Triveni Engineering & Industries Ltd.(up 0.48%) and Dhampur Sugar Mills Ltd.(up 0.35%) were among the top gainers.

Kothari Sugars & Chemicals(down 2.46%), Mawana Sugars(down 0.87%), EID Parry(down 0.73%), Balrampur Chini Mills(down 0.73%), Rana Sugars(down 0.35%), Dharani Sugars & Chemicals(down 0.24%), Shree Renuka Sugars(down 0.17%), Dalmia Bharat Sugar & Industries(down 0.16%) and MAGADHSUGAR(down 0.11%) were among the top losers.

The NSE Nifty50 index was trading 119.25 points up at 18281.0, while the 30-share BSE Sensex was up 329.31 points at 61066.36 at around 10:24AM.

Wipro(up 5.9%), Adani Ports & Special Economic Zone(up 4.39%), Grasim Industries(up 3.42%), Larsen & Toubro(up 3.24%), Hindalco Industries(up 2.41%), Indian Oil Corporation(up 2.36%), Tech Mahindra(up 2.27%), JSW Steel(up 2.18%), Tata Steel(up 2.09%) and State Bank of India(up 2.01%) were among the top gainers in the Nifty pack.

On the other hand, Tata Motors(down 1.58%), Coal India(down 1.21%), IndusInd Bank(down 0.94%), Tata Consultancy(down 0.69%), Bajaj Finance(down 0.66%), Mahindra & Mahindra(down 0.57%), HCL Technologies(down 0.52%), HDFC LIFE INSURANCE(down 0.51%), Oil & Natural Gas Corporation(down 0.38%) and Eicher Motors(down 0.25%) were trading in the red.

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