Stock Sectors: Stock Market Update: Sugar Stocks Fall as Market Rises

NEW DELHI: Sugar stocks were trading lower Thursday at 10:39 a.m.

Sakthi Sugars(up 0.94%), Dharani Sugars & Chemicals(up 0.91%), AVADHSUGAR(up 0.55%), KCP Sugar & Industries(up 0.45%), Mawana Sugars( up 0.39%), Ponni Sugars (Erode) (up 0.24%), Balrampur Chini Mills (up 0.07%) and Uttam Sugar Mills (up 0.05%) were among the top winners.

Simbhaoli Sugars (down 2.36%), Ugar Sugar Works (down 1.84%), Dhampur Sugar Mills (down 1.49%), Vishwaraj Sugar Industries (down 1.39%) , Dalmia Bharat Sugar & Industries (down 1.10%), Shree Renuka Sugars (down 1.03%), Kothari Sugars & Chemicals (down 0.99%), Dwarikesh Sugar Industries (down 0.72%), Rajshree Sugars & Chemicals (down 0.58%) and MAGADHSUGAR (down 0.55%) were among the main losers.

The NSE Nifty50 index traded down 54.95 points at 16021.6, while the 30-stock BSE Sensex index was up 175.21 points at 53689.36 around 10:39 a.m.

Apollo Hospitals Enterprises(up 2.42%), Sun Pharmaceutical Industries(up 1.86%), Dr Reddys Laboratories(up 1.65%), TATA CONSUMER PRODUCTS(up 1.29%), Cipla(up up 1.21%), Kotak Mahindra Bank (up 1.2%), Bajaj Finserv (up 1.19%), HDFC (up 0.89%), Nestlé India (up 1.21%), 0.85%) and Oil & Natural Gas Corporation (up 0.76%) were among the top gainers in the Nifty pack.

On the other hand, JSW Steel (-0.71%), UPL Ltd (-0.6%), Axis Bank (-0.59%), Hindustan Unilever (-0.42%), NTPC (-0.34% ), HDFC LIFE INSURANCE (-0.32%). %), State Bank of India (-0.17%), Adani Ports & Special Economic Zone (-0.17%), Tata Consultancy (-0.13%) and Tech Mahindra (-0.12%) were trading in the red.

Rachel J. Bradford