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    Stock market update: Sugar stocks up as market rises

    Synopsis

    The 30-share BSE Sensex was up 277.34 points at 61200.84

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    Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs.
    NEW DELHI: Sugar stocks were trading higher on Friday at 10:55AM

    Rajshree Sugars & Chemicals(up 2.45%), Dharani Sugars & Chemicals(up 1.34%), Ponni Sugars(Erode)(up 0.99%), Simbhaoli Sugars(up 0.97%), KCP Sugar & Industries(up 0.93%), Bannari Amman Sugars(up 0.81%), Ugar Sugar Works(up 0.72%), Mawana Sugars(up 0.62%), Balrampur Chini Mills(up 0.55%) and EID Parry(up 0.48%) were among the top gainers.

    Vishwaraj Sugar Industries(down 3.21%), Dalmia Bharat Sugar & Industries(down 2.26%), Kothari Sugars & Chemicals(down 1.96%), Triveni Engineering & Industries(down 1.87%), Shree Renuka Sugars(down 1.70%), Dhampur Sugar Mills(down 0.99%), K.M.Sugar Mills(down 0.57%), BAJAJHIND(down 0.36%) and AVADHSUGAR(down 0.05%) were among the top losers.

    The NSE Nifty50 index was trading 57.2 points up at 18235.3, while the 30-share BSE Sensex was up 277.34 points at 61200.84 at around 10:55AM.

    Bajaj Finserv(up 3.34%), HDFC(up 2.59%), Bajaj Finance(up 1.76%), Bajaj Auto(up 1.63%), HDFC Bank(up 1.41%), UltraTech Cement(up 0.98%), Larsen & Toubro(up 0.96%), ICICI Bank(up 0.93%), Axis Bank(up 0.85%) and Titan Company Ltd(up 0.79%) were among the top gainers in the Nifty pack.

    On the other hand, Tata Motors(down 2.22%), Hindalco Industries(down 2.15%), Coal India(down 2.0%), Asian Paints(down 1.99%), JSW Steel(down 1.85%), Infosys(down 1.37%), Tata Steel(down 1.3%), NTPC(down 1.28%), Eicher Motors(down 1.22%) and HCL Technologies(down 1.22%) were trading in the red.
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

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