Stock market update: Sugar stocks down as market falls

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

Simbhaoli Sugars(up 2.02%), Triveni Engineering & Industries(up 1.81%), EID Parry(up 0.66%), Balrampur Chini Mills(up 0.51%) and Ugar Sugar Works(up 0.19%) stood among the top gainers.

Shree Renuka Sugars(down 4.92%), K.M.Sugar Mills(down 2.87%), Uttam Sugar Mills(down 2.38%), Dalmia Bharat Sugar & Industries(down 1.90%), AVADHSUGAR(down 1.85%), Vishwaraj Sugar Industries(down 1.76%), Rajshree Sugars & Chemicals(down 1.46%), Bannari Amman Sugars(down 1.45%), KCP Sugar & Industries(down 1.42%) and Mawana Sugars(down 1.20%) were among the top losers of the day.

The NSE Nifty50 index ended 185.6 points down at 17671.65, while the 30-share BSE Sensex closed down 677.77 points at 59306.93.

UltraTech Cement(up 2.54%), Dr Reddys Laboratories(up 1.95%), Shree Cement(up 1.57%), Maruti Suzuki(up 1.53%), Cipla(up 1.49%), UPL Ltd(up 1.41%), Tata Steel(up 1.26%), Grasim Industries(up 1.1%), Adani Ports & Special Economic Zone(up 0.71%) and Divis Laboratories(up 0.57%) stood among the top gainers in the Nifty pack.

On the other hand, Tech Mahindra(down 3.62%), NTPC(down 3.42%), Kotak Mahindra Bank(down 3.21%), IndusInd Bank(down 3.04%), Larsen & Toubro(down 2.62%), Reliance Industries(down 2.4%), Axis Bank(down 2.16%), Infosys(down 2.12%), HDFC(down 1.93%) and Hindalco Industries(down 1.92%) closed in the red.

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