Stock market update: Sugar stocks up as market falls

NEW DELHI: Sugar shares closed lower in the Tuesday’s session.

AVADHSUGAR(up 6.00%), Triveni Engineering & Industries(up 5.15%), Ugar Sugar Works(up 5.00%), Rana Sugars(up 4.91%), Shree Renuka Sugars(up 4.86%), Dwarikesh Sugar Industries(up 4.76%), Dalmia Bharat Sugar & Industries(up 4.25%), BAJAJHIND(up 3.73%), KCP Sugar & Industries(up 3.13%) and K.M.Sugar Mills(up 2.72%) stood among the top gainers.

Vishwaraj Sugar Industries(down 1.99%), Bannari Amman Sugars(down 0.53%) and Ponni Sugars(Erode)(down 0.11%) were among the top losers of the day.

The NSE Nifty50 index ended 40.7 points down at 17888.95, while the 30-share BSE Sensex closed down 109.4 points at 60029.06.

Maruti Suzuki(up 2.31%), Titan Company Ltd(up 1.98%), NTPC(up 1.75%), State Bank of India(up 1.16%), Larsen & Toubro(up 1.13%), TATA CONSUMER PRODUCTS(up 1.08%), Bajaj Finance(up 0.56%), Hindustan Unilever(up 0.49%), Axis Bank(up 0.47%) and Sun Pharmaceutical Industries(up 0.44%) stood among the top gainers in the Nifty pack.

On the other hand, Tata Steel(down 3.75%), Grasim Industries(down 2.51%), JSW Steel(down 2.34%), Tech Mahindra(down 2.07%), Hindalco Industries(down 2.04%), HCL Technologies(down 1.56%), Reliance Industries(down 1.46%), IndusInd Bank(down 1.35%), Bharat Petroleum Corporation(down 1.3%) and Power Grid Corporation of India(down 1.2%) closed in the red.

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