Stock market update: Sugar stocks up as market falls

NEW DELHI: Sugar stocks were trading higher on Monday at 10:39AM

MAGADHSUGAR(up 12.44%), Mawana Sugars(up 7.03%), Uttam Sugar Mills(up 6.96%), Shree Renuka Sugars(up 5.60%), Ugar Sugar Works(up 4.96%), DCM Shriram Industries(up 4.94%), Simbhaoli Sugars(up 4.83%), Rana Sugars(up 4.68%), AVADHSUGAR(up 4.37%) and EID Parry(up 4.33%) were among the top gainers.

were among the top losers.

The NSE Nifty50 index was trading 314.2 points down at 17161.45, while the 30-share BSE Sensex was down 1183.89 points at 57155.04 at around 10:39AM.

NTPC(up 5.07%), Tata Steel(up 2.73%), SBI Life(up 2.01%), Coal India(up 1.63%), Oil & Natural Gas Corporation(up 1.55%), Divis Laboratories(up 0.75%), Bajaj Auto(up 0.75%), HDFC LIFE INSURANCE(up 0.64%), JSW Steel(up 0.58%) and Hindustan Unilever(up 0.5%) were among the top gainers in the Nifty pack.

On the other hand, Infosys(down 6.99%), Tech Mahindra(down 4.92%), HDFC(down 3.76%), HDFC Bank(down 3.52%), Wipro(down 3.05%), Tata Consultancy(down 2.89%), Larsen & Toubro(down 2.4%), UPL Ltd(down 2.19%), Apollo Hospitals Enterprises(down 1.94%) and Bajaj Finserv(down 1.92%) were trading in the red.