Stock market update: Sugar stocks down as market rises

NEW DELHI: Sugar stocks were trading lower on Tuesday at 10:24AM

Simbhaoli Sugars(up 1.06%), Balrampur Chini Mills(up 0.67%), Bannari Amman Sugars(up 0.38%), EID Parry(up 0.30%), Kothari Sugars & Chemicals(up 0.27%) and Rana Sugars(up 0.16%) were among the top gainers.

K.M.Sugar Mills(down 3.14%), Sakthi Sugars(down 3.02%), Uttam Sugar Mills(down 2.05%), BAJAJHIND(down 2.03%), Ugar Sugar Works(down 1.93%), KCP Sugar & Industries(down 1.80%), Shree Renuka Sugars(down 1.78%), Dharani Sugars & Chemicals(down 1.75%), Ponni Sugars(Erode)(down 1.71%) and MAGADHSUGAR(down 1.59%) were among the top losers.

The NSE Nifty50 index was trading 7.7 points up at 18011.0, while the 30-share BSE Sensex was up 39.35 points at 60434.98 at around 10:24AM.

HCL Technologies(up 2.54%), HDFC(up 2.01%), Sun Pharmaceutical Industries(up 1.61%), NTPC(up 1.52%), Divis Laboratories(up 1.5%), Tech Mahindra(up 0.88%), Oil & Natural Gas Corporation(up 0.69%), Dr Reddys Laboratories(up 0.68%), Power Grid Corporation of India(up 0.64%) and Reliance Industries(up 0.62%) were among the top gainers in the Nifty pack.

On the other hand, JSW Steel(down 2.33%), Tata Steel(down 2.19%), Bajaj Finance(down 1.61%), Kotak Mahindra Bank(down 1.2%), Adani Ports & Special Economic Zone(down 1.02%), Asian Paints(down 0.9%), Coal India(down 0.9%), Bharti Airtel(down 0.84%), Bharat Petroleum Corporation(down 0.77%) and HDFC LIFE INSURANCE(down 0.69%) were trading in the red.