Stock market update: Sugar stocks down as market falls

NEW DELHI: Sugar stocks were trading lower on Thursday at 10:04AM

EID Parry(up 2.59%), Sakthi Sugars(up 2.39%), Rajshree Sugars & Chemicals(up 2.04%), Simbhaoli Sugars(up 1.88%), Dharani Sugars & Chemicals(up 0.82%), Ugar Sugar Works(up 0.54%), K.M.Sugar Mills(up 0.20%) and Ponni Sugars(Erode)(up 0.10%) were among the top gainers.

Balrampur Chini Mills(down 1.54%), AVADHSUGAR(down 1.51%), Dalmia Bharat Sugar & Industries(down 1.49%), Triveni Engineering & Industries(down 1.41%), Vishwaraj Sugar Industries(down 0.96%), Dhampur Sugar Mills(down 0.94%), Mawana Sugars(down 0.55%), Bannari Amman Sugars(down 0.50%), MAGADHSUGAR(down 0.48%) and Shree Renuka Sugars(down 0.36%) were among the top losers.

The NSE Nifty50 index was trading 67.45 points down at 17831.2, while the 30-share BSE Sensex was down 177.59 points at 59830.74 at around 10:04AM.

Bajaj Finserv(up 0.74%), Bajaj Finance(up 0.73%), Power Grid Corporation of India(up 0.71%), State Bank of India(up 0.57%), NTPC(up 0.55%), HDFC Bank(up 0.5%), Asian Paints(up 0.47%), Hindalco Industries(up 0.43%), ICICI Bank(up 0.37%) and Maruti Suzuki(up 0.25%) were among the top gainers in the Nifty pack.

On the other hand, Tata Motors(down 2.66%), HCL Technologies(down 2.03%), Hero MotoCorp(down 1.8%), Mahindra & Mahindra(down 1.59%), Dr Reddys Laboratories(down 1.58%), Eicher Motors(down 1.48%), Tech Mahindra(down 1.39%), Larsen & Toubro(down 1.35%), Oil & Natural Gas Corporation(down 1.33%) and Tata Consultancy(down 1.27%) were trading in the red.

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