Stock market update: Sugar stocks up as market falls

NEW DELHI: Sugar stocks were trading higher on Wednesday at 10:55AM

Kothari Sugars & Chemicals(up 19.92%), K.M.Sugar Mills(up 12.44%), Mawana Sugars(up 10.00%), Shree Renuka Sugars(up 9.88%), KCP Sugar & Industries(up 9.36%), Rana Sugars(up 9.27%), MAGADHSUGAR(up 6.99%), Dwarikesh Sugar Industries(up 6.33%), Uttam Sugar Mills(up 6.16%) and DCM Shriram Industries(up 5.37%) were among the top gainers.

were among the top losers.

The NSE Nifty50 index was trading 148.1 points down at 17809.3, while the 30-share BSE Sensex was down 578.03 points at 59598.47 at around 10:55AM.

Coal India(up 3.41%), NTPC(up 2.08%), UPL Ltd(up 1.75%), Adani Ports & Special Economic Zone(up 1.35%), Tata Steel(up 1.07%), Hindustan Unilever(up 0.88%), Grasim Industries(up 0.78%), Bharti Airtel(up 0.76%), Oil & Natural Gas Corporation(up 0.73%) and Power Grid Corporation of India(up 0.64%) were among the top gainers in the Nifty pack.

On the other hand, HDFC Bank(down 2.65%), HDFC(down 2.45%), Tech Mahindra(down 2.02%), Tata Consultancy(down 1.88%), HCL Technologies(down 1.85%), Infosys(down 1.67%), HDFC LIFE INSURANCE(down 1.62%), Kotak Mahindra Bank(down 1.52%), Bajaj Auto(down 1.23%) and Axis Bank(down 1.21%) were trading in the red.