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

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

Ugar Sugar Works (up 4.96%), BAJAJHIND (up 4.93%), Simbhaoli Sugars (up 4.91%), Dharani Sugars & Chemicals (up 4.85%), Sakthi Sugars (up 4.83%), KMSugar Mills (up 4.79%), DCM Shriram Industries (up 4.02%), Ponni Sugars (Erode) (up 3.80% ), Mawana Sugars (up 3.73%) and AVADHSUGAR (up 3.64%) were among the top gainers.

Balrampur Chini Mills (down 1.34%), Bannari Amman Sugars (down 0.77%) and EID Parry (down 0.33%) were among the biggest losers on the day.

The NSE Nifty50 index ended up 205.7 points at 17670.45, while the 30-stock BSE Sensex index closed up 708.18 points at 59276.69.

NTPC(up 5.89%), Bharat Petroleum Corporation(up 4.19%), Power Grid Corporation of India(up 3.81%), IndusInd Bank(up 3.55%), State Bank of India(up 2.97%), Indian Oil Corporation(up 2.65%), HDFC (up 2.59%), Mahindra & Mahindra (up 2.48%), Oil & Natural Gas Corporation (up 2.47%) and HDFC Bank (up 2.42%) were among the top gainers in the Nifty pack.

On the other hand, Hero MotoCorp (down 2.35%), Tech Mahindra (down 0.82%), SBI Life (down 0.72%), Sun Pharmaceutical Industries (down 0.66%), Titan Company Ltd (down 0.6%), Divis Laboratories (down 0.51%), Dr Reddys Laboratories (down 0.37%), Cipla (down 0.31%), Apollo Hospitals Enterprises (down 0.2%) and Infosys (down 0.17%) closed in the red.

Rachel J. Bradford