Stock market update: Sugar stocks up as market rises

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

Ugar Sugar Works(up 5.00%), Dalmia Bharat Sugar & Industries(up 1.60%), Sakthi Sugars(up 1.28%), Simbhaoli Sugars(up 1.18%), Kothari Sugars & Chemicals(up 1.01%), EID Parry(up 0.87%), Bannari Amman Sugars(up 0.61%), Balrampur Chini Mills(up 0.54%), Mawana Sugars(up 0.54%) and Triveni Engineering & Industries(up 0.48%) were among the top gainers.

Rajshree Sugars & Chemicals(down 3.31%), Dharani Sugars & Chemicals(down 1.02%), Uttam Sugar Mills(down 0.48%), Ponni Sugars(Erode)(down 0.41%), Dwarikesh Sugar Industries(down 0.27%), Dhampur Sugar Mills(down 0.23%) and DCM Shriram Industries(down 0.05%) were among the top losers.

The NSE Nifty50 index was trading 49.55 points up at 17365.05, while the 30-share BSE Sensex was up 156.49 points at 58145.79 at around 10:04AM.

Dr Reddys Laboratories(up 2.89%), Divis Laboratories(up 2.06%), Hindalco Industries(up 1.61%), ITC(up 1.0%), Reliance Industries(up 0.98%), Bajaj Finance(up 0.97%), SBI Life(up 0.91%), IndusInd Bank(up 0.89%), Tech Mahindra(up 0.89%) and Sun Pharmaceutical Industries(up 0.88%) were among the top gainers in the Nifty pack.

On the other hand, Coal India(down 1.64%), Bharti Airtel(down 1.57%), Britannia Industries(down 1.47%), Maruti Suzuki(down 1.32%), Hero MotoCorp(down 1.02%), Asian Paints(down 0.96%), Bajaj Auto(down 0.91%), HDFC(down 0.53%), Bharat Petroleum Corporation(down 0.33%) and Kotak Mahindra Bank(down 0.15%) were trading in the red.