Stock market update: Sugar stocks up as market falls

NEW DELHI: Sugar stocks were trading higher on Wednesday at 09:59AM

Triveni Engineering & Industries(up 3.33%), Dalmia Bharat Sugar & Industries(up 1.94%), Bannari Amman Sugars(up 1.56%), BAJAJHIND(up 1.44%), Rajshree Sugars & Chemicals(up 1.21%), MAGADHSUGAR(up 1.15%), AVADHSUGAR(up 0.98%), Ugar Sugar Works(up 0.87%), Simbhaoli Sugars(up 0.86%) and KCP Sugar & Industries(up 0.70%) were among the top gainers.

Kothari Sugars & Chemicals(down 1.15%), Vishwaraj Sugar Industries(down 0.91%), Dharani Sugars & Chemicals(down 0.54%) and Mawana Sugars(down 0.12%) were among the top losers.

The NSE Nifty50 index was trading 94.15 points down at 17950.1, while the 30-share BSE Sensex was down 326.34 points at 60107.11 at around 09:59AM.

UPL Ltd(up 2.03%), Mahindra & Mahindra(up 1.71%), Britannia Industries(up 1.11%), Eicher Motors(up 0.99%), Bharat Petroleum Corporation(up 0.69%), Cipla(up 0.68%), Sun Pharmaceutical Industries(up 0.67%), Oil & Natural Gas Corporation(up 0.61%), Dr Reddys Laboratories(up 0.51%) and Bharti Airtel(up 0.39%) were among the top gainers in the Nifty pack.

On the other hand, Tata Steel(down 2.24%), JSW Steel(down 2.23%), Coal India(down 2.02%), Hindalco Industries(down 1.97%), IndusInd Bank(down 1.53%), ICICI Bank(down 1.41%), SBI Life(down 1.35%), HDFC(down 1.32%), Kotak Mahindra Bank(down 1.19%) and Asian Paints(down 1.07%) were trading in the red.

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