Stock market update: Fertilisers stocks down as market rises

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

Southern Petrochemicals Industries(up 2.97%), Madras Fertlizers(up 1.24%), Agro Phos(up 1.15%), G S F C(up 0.77%) and Khaitan Chemicals & Fertilizers(up 0.63%) were among the top gainers.

Sikko Industries(down 4.96%), Madhya Bharat Agro Products(down 4.09%), Chambal Fertilisers & Chemicals(down 2.90%), Nagarjuna Fertilizers & Chem(down 2.33%), Mangalore Chemicals & Fertilizers(down 1.19%), Gujarat Narmada Valley Fertilizers (down 1.18%), Coromandel International(down 0.70%), Aries Agro(down 0.62%), Fertilizers & Chemicals Tranvancore(down 0.60%) and Rashtriya Chemicals & Fertilizers(down 0.44%) were among the top losers.

The NSE Nifty50 index was trading 1.8 points down at 17997.4, while the 30-share BSE Sensex was up 23.42 points at 60345.79 at around 11:11AM.

SBI Life(up 2.88%), Tata Motors(up 2.68%), Asian Paints(up 2.31%), Power Grid Corporation of India(up 2.08%), NTPC(up 1.94%), IndusInd Bank(up 1.76%), State Bank of India(up 1.47%), Bajaj Finance(up 1.47%), ITC(up 1.3%) and HDFC LIFE INSURANCE(up 1.18%) were among the top gainers in the Nifty pack.

On the other hand, UPL Ltd(down 1.98%), Grasim Industries(down 1.48%), Reliance Industries(down 1.23%), Divis Laboratories(down 1.13%), Bharat Petroleum Corporation(down 1.08%), Adani Ports & Special Economic Zone(down 0.97%), Indian Oil Corporation(down 0.92%), Coal India(down 0.88%), Shree Cement(down 0.86%) and Cipla(down 0.79%) were trading in the red.

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