Stock market update: Sugar stocks up as market falls

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

Ponni Sugars(Erode)(up 9.99%), Dharani Sugars & Chemicals(up 9.84%), Vishwaraj Sugar Industries(up 7.55%), DCM Shriram Industries(up 7.38%), Rana Sugars(up 6.70%), Ugar Sugar Works(up 6.04%), Sakthi Sugars(up 5.92%), MAGADHSUGAR(up 5.70%), K.M.Sugar Mills(up 5.17%) and Shree Renuka Sugars(up 4.93%) stood among the top gainers.

EID Parry(down 0.93%) were among the top losers of the day.

The NSE Nifty50 index ended 179.35 points down at 17745.9, while the 30-share BSE Sensex closed down 621.31 points at 59601.84.

UPL Ltd(up 2.39%), IndusInd Bank(up 1.96%), Bajaj Auto(up 1.78%), Bharti Airtel(up 1.49%), Eicher Motors(up 1.39%), Maruti Suzuki(up 1.37%), Bajaj Finance(up 1.01%), Hindalco Industries(up 0.79%), Titan Company Ltd(up 0.77%) and Coal India(up 0.62%) stood among the top gainers in the Nifty pack.

On the other hand, JSW Steel(down 2.96%), UltraTech Cement(down 2.62%), Tech Mahindra(down 2.62%), Shree Cement(down 2.52%), Reliance Industries(down 2.15%), Adani Ports & Special Economic Zone(down 2.0%), HDFC(down 1.99%), HCL Technologies(down 1.97%), HDFC Bank(down 1.6%) and Kotak Mahindra Bank(down 1.57%) closed in the red.