Stock market update: Sugar stocks down as market falls

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

Vishwaraj Sugar Industries(up 1.80%) and Balrampur Chini Mills(up 1.16%) stood among the top gainers.

EID Parry(down 6.42%), Triveni Engineering & Industries(down 5.83%), Uttam Sugar Mills(down 5.54%), Bannari Amman Sugars(down 5.05%), Simbhaoli Sugars(down 4.99%), MAGADHSUGAR(down 4.65%), Ugar Sugar Works(down 4.56%), Dharani Sugars & Chemicals(down 4.53%), Rana Sugars(down 4.48%) and Shree Renuka Sugars(down 4.48%) were among the top losers of the day.

The NSE Nifty50 index ended 348.25 points down at 17416.55, while the 30-share BSE Sensex closed down 1170.12 points at 58465.89.

Bharti Airtel(up 3.88%), Asian Paints(up 1.07%), JSW Steel(up 0.99%), Power Grid Corporation of India(up 0.88%), Hindalco Industries(up 0.42%), Cipla(up 0.35%), Britannia Industries(up 0.28%) and Grasim Industries(up 0.21%) stood among the top gainers in the Nifty pack.

On the other hand, Bajaj Finance(down 5.7%), Oil & Natural Gas Corporation(down 5.02%), Bajaj Finserv(down 4.73%), Tata Motors(down 4.63%), Reliance Industries(down 4.43%), NTPC(down 3.81%), Indian Oil Corporation(down 3.75%), Titan Company Ltd(down 3.51%), State Bank of India(down 3.45%) and Kotak Mahindra Bank(down 3.41%) closed in the red.

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