Stock market update: Sugar stocks up as market falls

NEW DELHI: Sugar stocks were trading higher on Wednesday at 11:06AM

Dharani Sugars & Chemicals(up 2.81%), EID Parry(up 2.61%), Triveni Engineering & Industries(up 1.84%), Dalmia Bharat Sugar & Industries(up 1.26%), Rana Sugars(up 0.80%), Dwarikesh Sugar Industries(up 0.76%), Balrampur Chini Mills(up 0.71%), K.M.Sugar Mills(up 0.59%), MAGADHSUGAR(up 0.51%) and Mawana Sugars(up 0.49%) were among the top gainers.

Vishwaraj Sugar Industries(down 4.89%), Rajshree Sugars & Chemicals(down 1.98%), Kothari Sugars & Chemicals(down 1.19%), BAJAJHIND(down 1.09%), Bannari Amman Sugars(down 0.79%), Simbhaoli Sugars(down 0.69%), Sakthi Sugars(down 0.34%), Ponni Sugars(Erode)(down 0.32%) and Uttam Sugar Mills(down 0.23%) were among the top losers.

The NSE Nifty50 index was trading 10.0 points down at 17989.2, while the 30-share BSE Sensex was down 2.89 points at 60319.48 at around 11:06AM.

SBI Life(up 2.73%), Tata Motors(up 2.64%), Asian Paints(up 2.45%), Power Grid Corporation of India(up 2.19%), NTPC(up 1.94%), IndusInd Bank(up 1.53%), State Bank of India(up 1.39%), Bajaj Finance(up 1.35%), ITC(up 1.15%) and HDFC LIFE INSURANCE(up 0.8%) were among the top gainers in the Nifty pack.

On the other hand, UPL Ltd(down 2.12%), Grasim Industries(down 1.43%), Reliance Industries(down 1.19%), Divis Laboratories(down 1.12%), Adani Ports & Special Economic Zone(down 1.08%), Bharat Petroleum Corporation(down 1.02%), Indian Oil Corporation(down 0.99%), Cipla(down 0.87%), Coal India(down 0.85%) and Shree Cement(down 0.85%) were trading in the red.

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