Stock market update: Fertilisers stocks up as market falls

Stock market update: Fertilisers stocks up as market falls
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The 30-share BSE Sensex was down 116.68 points at 58671.34

Agencies
Mazhar Mohammad of Chartviewindia.in said technical indicators are turning mixed as the weekly MACD chart has generated a 'buy' signal, giving an edge to the bulls.
NEW DELHI: Fertilisers stocks were trading higher on Friday at 10:19AM

Deepak Fertilizers & Petrochemicals(up 3.75%), Nagarjuna Fertilizers & Chem(up 3.10%), Sikko Industries(up 2.48%), Madras Fertlizers(up 1.50%), ZUARIAGRO(up 1.48%), Madhya Bharat Agro Products(up 1.31%), National Fertilizer(up 1.00%), Fertilizers & Chemicals Tranvancore(up 0.94%), Mangalore Chemicals & Fertilizers(up 0.90%) and Rashtriya Chemicals & Fertilizers(up 0.58%) were among the top gainers.

Chambal Fertilisers & Chemicals(down 1.07%), Agro Phos(down 1.03%), Coromandel International(down 0.64%) and Gujarat Narmada Valley Fertilizers (down 0.41%) were among the top losers.

The NSE Nifty50 index was trading 26.45 points down at 17533.75, while the 30-share BSE Sensex was down 116.68 points at 58671.34 at around 10:19AM.

Oil & Natural Gas Corporation(up 2.0%), Hindalco Industries(up 1.75%), UltraTech Cement(up 1.5%), Grasim Industries(up 1.29%), Tata Steel(up 1.19%), Divis Laboratories(up 1.19%), JSW Steel(up 1.02%), Shree Cement(up 0.84%), IndusInd Bank(up 0.77%) and Sun Pharmaceutical Industries(up 0.73%) were among the top gainers in the Nifty pack.

On the other hand, Hero MotoCorp(down 1.75%), TATA CONSUMER PRODUCTS(down 1.17%), Eicher Motors(down 0.97%), Reliance Industries(down 0.97%), HDFC LIFE INSURANCE(down 0.93%), Bajaj Auto(down 0.79%), Wipro(down 0.75%), SBI Life(down 0.7%), Tata Consultancy(down 0.69%) and Cipla(down 0.68%) were trading in the red.

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