Stock market update: Sugar stocks mixed as market rises

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

Kothari Sugars & Chemicals(up 8.44%), Vishwaraj Sugar Industries(up 3.34%), Shree Renuka Sugars(up 2.20%), EID Parry(up 2.15%), Balrampur Chini Mills(up 2.09%), Triveni Engineering & Industries(up 1.85%), Dhampur Sugar Mills(up 0.72%), MAGADHSUGAR(up 0.64%), Sakthi Sugars(up 0.62%) and Dharani Sugars & Chemicals(up 0.24%) stood among the top gainers.

BAJAJHIND(down 4.32%), Rana Sugars(down 2.39%), Ponni Sugars(Erode)(down 1.53%), Simbhaoli Sugars(down 1.47%), AVADHSUGAR(down 1.30%), Rajshree Sugars & Chemicals(down 1.07%), KCP Sugar & Industries(down 1.05%), Ugar Sugar Works(down 1.00%), Dalmia Bharat Sugar & Industries(down 0.69%) and Bannari Amman Sugars(down 0.53%) were among the top losers of the day.

The NSE Nifty50 index ended 169.8 points up at 18161.75, while the 30-share BSE Sensex closed up 452.74 points at 60737.05.

Tata Motors(up 20.45%), Mahindra & Mahindra(up 5.08%), TATA CONSUMER PRODUCTS(up 3.92%), ITC(up 3.27%), Power Grid Corporation of India(up 3.13%), Adani Ports & Special Economic Zone(up 3.0%), Grasim Industries(up 2.41%), Wipro(up 2.05%), Tech Mahindra(up 2.02%) and Larsen & Toubro(up 1.97%) stood among the top gainers in the Nifty pack.

On the other hand, Maruti Suzuki(down 2.75%), Oil & Natural Gas Corporation(down 2.17%), Coal India(down 1.68%), SBI Life(down 1.56%), Hindustan Unilever(down 1.1%), Nestle India(down 0.49%), HDFC LIFE INSURANCE(down 0.36%), Axis Bank(down 0.32%), Bajaj Auto(down 0.28%) and State Bank of India(down 0.27%) closed in the red.

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