Stock market update: Sugar stocks up as market falls

NEW DELHI: Sugar stocks were trading higher on Monday at 10:04AM

Ugar Sugar Works(up 20.00%), Uttam Sugar Mills(up 12.86%), Rana Sugars(up 6.59%), Mawana Sugars(up 5.82%), MAGADHSUGAR(up 5.38%), K.M.Sugar Mills(up 4.33%), Simbhaoli Sugars(up 4.12%), KCP Sugar & Industries(up 3.89%), Rajshree Sugars & Chemicals(up 3.80%) and Sakthi Sugars(up 3.68%) were among the top gainers.

were among the top losers.

The NSE Nifty50 index was trading 118.6 points down at 17397.7, while the 30-share BSE Sensex was down 371.57 points at 58273.25 at around 10:04AM.

State Bank of India(up 1.94%), Power Grid Corporation of India(up 1.53%), Tata Steel(up 1.3%), NTPC(up 1.08%), Coal India(up 0.78%), Reliance Industries(up 0.72%), Hindalco Industries(up 0.39%), Tech Mahindra(up 0.35%), Oil & Natural Gas Corporation(up 0.27%) and JSW Steel(up 0.11%) were among the top gainers in the Nifty pack.

On the other hand, Hero MotoCorp(down 2.87%), Divis Laboratories(down 2.33%), TATA CONSUMER PRODUCTS(down 2.08%), Bajaj Auto(down 2.0%), Bajaj Finance(down 1.86%), Eicher Motors(down 1.85%), Mahindra & Mahindra(down 1.76%), Larsen & Toubro(down 1.54%), Dr Reddys Laboratories(down 1.5%) and ITC(down 1.39%) were trading in the red.