Stock market update: Sugar stocks down as market rises

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

Dwarikesh Sugar Industries(up 5.01%), Dhampur Sugar Mills(up 2.06%), Sakthi Sugars(up 2.03%), Ugar Sugar Works(up 0.91%), Kothari Sugars & Chemicals(up 0.46%), Ponni Sugars(Erode)(up 0.42%) and Rajshree Sugars & Chemicals(up 0.41%) stood among the top gainers.

Vishwaraj Sugar Industries(down 7.29%), Simbhaoli Sugars(down 4.90%), K.M.Sugar Mills(down 3.50%), AVADHSUGAR(down 3.23%), MAGADHSUGAR(down 3.18%), EID Parry(down 3.05%), Balrampur Chini Mills(down 2.64%), Rana Sugars(down 2.26%), Mawana Sugars(down 2.00%) and Shree Renuka Sugars(down 1.94%) were among the top losers of the day.

The NSE Nifty50 index ended 10.5 points up at 18125.4, while the 30-share BSE Sensex closed up 145.43 points at 60967.05.

ICICI Bank(up 10.85%), Axis Bank(up 3.48%), Oil & Natural Gas Corporation(up 2.77%), JSW Steel(up 0.97%), Dr Reddys Laboratories(up 0.83%), State Bank of India(up 0.71%), Cipla(up 0.61%), Hindalco Industries(up 0.6%), Tech Mahindra(up 0.44%) and Mahindra & Mahindra(up 0.32%) stood among the top gainers in the Nifty pack.

On the other hand, Bharat Petroleum Corporation(down 3.48%), SBI Life(down 3.21%), Bajaj Finserv(down 3.06%), Bajaj Auto(down 2.66%), HCL Technologies(down 2.4%), Tata Motors(down 2.24%), Asian Paints(down 2.16%), Wipro(down 2.15%), Hero MotoCorp(down 2.09%) and Maruti Suzuki(down 2.0%) closed in the red.

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