Stock market update: Sugar stocks up as market falls

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NEW DELHI: Sugar stocks were trading higher on Wednesday at 10:19AM

Dharani Sugars & Chemicals(up 4.31%), Mawana Sugars(up 3.33%), Rajshree Sugars & Chemicals(up 2.59%), Uttam Sugar Mills(up 2.36%), Kothari Sugars & Chemicals(up 1.85%), Balrampur Chini Mills(up 1.66%), Ugar Sugar Works(up 1.65%), Sakthi Sugars(up 1.60%), Dalmia Bharat Sugar & Industries(up 1.45%) and Dhampur Sugar Mills(up 1.32%) were among the top gainers.

Simbhaoli Sugars(down 4.93%), BAJAJHIND(down 2.28%), DCM Shriram Industries(down 0.92%), Shree Renuka Sugars(down 0.45%), KCP Sugar & Industries(down 0.34%) and Ponni Sugars(Erode)(down 0.31%) were among the top losers.

The NSE Nifty50 index was trading 59.5 points down at 17009.6, while the 30-share BSE Sensex was down 193.92 points at 56782.07 at around 10:19AM.

Britannia Industries(up 4.09%), Oil & Natural Gas Corporation(up 3.87%), Power Grid Corporation of India(up 3.37%), NTPC(up 2.32%), Coal India(up 1.25%), UPL Ltd(up 1.22%), Infosys(up 0.85%), Bharat Petroleum Corporation(up 0.71%), ITC(up 0.7%) and Tata Motors(up 0.67%) were among the top gainers in the Nifty pack.

On the other hand, Apollo Hospitals Enterprises(down 4.21%), Titan Company Ltd(down 3.16%), Dr Reddys Laboratories(down 2.54%), Asian Paints(down 2.5%), Sun Pharmaceutical Industries(down 2.16%), Cipla(down 2.04%), Divis Laboratories(down 1.98%), Shree Cement(down 1.94%), Eicher Motors(down 1.42%) and Bajaj Auto(down 1.38%) were trading in the red.