Stock market update: Sugar stocks down as market rises

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

Simbhaoli Sugars(up 3.78%), Dharani Sugars & Chemicals(up 3.16%), EID Parry(up 2.11%), Bannari Amman Sugars(up 1.91%), Vishwaraj Sugar Industries(up 1.26%), Rana Sugars(up 1.11%), Ponni Sugars(Erode)(up 0.86%) and Ugar Sugar Works(up 0.16%) were among the top gainers.

Kothari Sugars & Chemicals(down 4.09%), Shree Renuka Sugars(down 3.73%), BAJAJHIND(down 3.19%), K.M.Sugar Mills(down 2.27%), Dwarikesh Sugar Industries(down 1.38%), Sakthi Sugars(down 1.18%), Balrampur Chini Mills(down 1.01%), MAGADHSUGAR(down 0.82%), Mawana Sugars(down 0.79%) and Rajshree Sugars & Chemicals(down 0.69%) were among the top losers.

The NSE Nifty50 index was trading 39.5 points up at 17861.8, while the 30-share BSE Sensex was up 147.46 points at 59892.34 at around 09:59AM.

UPL Ltd(up 2.76%), Oil & Natural Gas Corporation(up 2.35%), Britannia Industries(up 1.57%), TATA CONSUMER PRODUCTS(up 1.39%), Bharat Petroleum Corporation(up 1.18%), HDFC Bank(up 1.02%), HDFC(up 0.94%), State Bank of India(up 0.83%), Indian Oil Corporation(up 0.73%) and Hindustan Unilever(up 0.72%) were among the top gainers in the Nifty pack.

On the other hand, SBI Life(down 1.08%), JSW Steel(down 1.07%), Divis Laboratories(down 0.78%), HCL Technologies(down 0.69%), Coal India(down 0.51%), Hindalco Industries(down 0.49%), Titan Company Ltd(down 0.45%), IndusInd Bank(down 0.42%), Tata Motors(down 0.38%) and NTPC(down 0.38%) were trading in the red.

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