Stock market update: Sugar stocks down as market falls

NEW DELHI: Sugar stocks were trading lower on Wednesday at 11:01AM

BAJAJHIND(up 2.20%), Rajshree Sugars & Chemicals(up 1.90%), Ponni Sugars(Erode)(up 1.64%), Vishwaraj Sugar Industries(up 1.21%), Mawana Sugars(up 0.28%) and Bannari Amman Sugars(up 0.18%) were among the top gainers.

Simbhaoli Sugars(down 4.42%), Balrampur Chini Mills(down 4.34%), Shree Renuka Sugars(down 3.59%), Triveni Engineering & Industries(down 3.07%), Dharani Sugars & Chemicals(down 3.02%), Dalmia Bharat Sugar & Industries(down 2.70%), AVADHSUGAR(down 2.64%), K.M.Sugar Mills(down 2.26%), MAGADHSUGAR(down 2.02%) and Rana Sugars(down 1.94%) were among the top losers.

The NSE Nifty50 index was trading 32.1 points down at 18386.65, while the 30-share BSE Sensex was down 56.74 points at 61659.31 at around 11:01AM.

Bharti Airtel(up 4.24%), State Bank of India(up 3.02%), UltraTech Cement(up 1.54%), HCL Technologies(up 1.37%), Tech Mahindra(up 1.32%), Shree Cement(up 1.08%), Tata Motors(up 1.0%), ICICI Bank(up 0.96%), Divis Laboratories(up 0.81%) and Asian Paints(up 0.55%) were among the top gainers in the Nifty pack.

On the other hand, Hindalco Industries(down 3.78%), Coal India(down 2.3%), Eicher Motors(down 1.86%), Titan Company Ltd(down 1.85%), Bajaj Finserv(down 1.75%), Bharat Petroleum Corporation(down 1.25%), Indian Oil Corporation(down 1.23%), Oil & Natural Gas Corporation(down 1.2%), Hero MotoCorp(down 1.2%) and Kotak Mahindra Bank(down 1.16%) were trading in the red.

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