Stock market update: Sugar stocks down as market rises

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

Triveni Engineering & Industries(up 2.86%), Bannari Amman Sugars(up 2.09%), Uttam Sugar Mills(up 0.47%), AVADHSUGAR(up 0.22%) and Vishwaraj Sugar Industries(up 0.16%) stood among the top gainers.

Simbhaoli Sugars(down 4.87%), Rana Sugars(down 4.86%), BAJAJHIND(down 4.76%), Kothari Sugars & Chemicals(down 2.85%), Dharani Sugars & Chemicals(down 2.84%), Rajshree Sugars & Chemicals(down 2.36%), Ugar Sugar Works(down 2.22%), Mawana Sugars(down 2.05%), KCP Sugar & Industries(down 1.98%) and Ponni Sugars(Erode)(down 1.91%) were among the top losers of the day.

The NSE Nifty50 index ended 229.15 points up at 18102.75, while the 30-share BSE Sensex closed up 767.0 points at 60686.69.

Tech Mahindra(up 4.14%), Hindalco Industries(up 3.22%), HDFC(up 2.88%), Wipro(up 2.84%), Infosys(up 2.71%), HDFC LIFE INSURANCE(up 2.56%), Bajaj Finserv(up 2.25%), Adani Ports & Special Economic Zone(up 2.07%), Bharti Airtel(up 2.05%) and Asian Paints(up 1.94%) stood among the top gainers in the Nifty pack.

On the other hand, Bajaj Auto(down 3.06%), Tata Steel(down 0.95%), Hero MotoCorp(down 0.66%), Axis Bank(down 0.27%), Indian Oil Corporation(down 0.26%), NTPC(down 0.15%), Power Grid Corporation of India(down 0.08%) and Coal India(down 0.03%) closed in the red.

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