Stock market update: Sugar stocks down as market rises

NEW DELHI: Sugar stocks were trading lower on Monday at 10:55AM

Ponni Sugars(Erode)(up 19.41%), EID Parry(up 3.99%), Rajshree Sugars & Chemicals(up 1.61%), Simbhaoli Sugars(up 1.03%), Balrampur Chini Mills(up 0.68%), Dalmia Bharat Sugar & Industries(up 0.67%), DCM Shriram Industries(up 0.45%), Bannari Amman Sugars(up 0.36%) and Ugar Sugar Works(up 0.07%) were among the top gainers.

Shree Renuka Sugars(down 4.10%), Dwarikesh Sugar Industries(down 3.10%),

& Industries(down 2.92%), Kothari Sugars & Chemicals(down 2.39%), Sakthi Sugars(down 2.39%), K.M.Sugar Mills(down 1.93%), Dharani Sugars & Chemicals(down 1.89%), Uttam Sugar Mills(down 1.42%), Rana Sugars(down 1.36%) and AVADHSUGAR(down 1.27%) were among the top losers.

The NSE Nifty50 index was trading 158.9 points up at 17945.7, while the 30-share BSE Sensex was up 551.49 points at 60511.34 at around 10:55AM.

Mahindra & Mahindra(up 3.18%), Sun Pharmaceutical Industries(up 2.16%), Maruti Suzuki(up 1.99%), Grasim Industries(up 1.89%), UltraTech Cement(up 1.83%), Bajaj Finance(up 1.73%), Hero MotoCorp(up 1.51%), Bajaj Finserv(up 1.47%), HDFC Bank(up 1.45%) and Bharti Airtel(up 1.42%) were among the top gainers in the Nifty pack.

On the other hand,

Enterprises(down 1.12%), Tata Steel(down 0.84%), Dr Reddys Laboratories(down 0.76%), NTPC(down 0.66%), Hindalco Industries(down 0.25%), IndusInd Bank(down 0.08%) and ICICI Bank(down 0.04%) were trading in the red.

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