Stock market update: Sugar stocks down as market falls

NEW DELHI: Sugar stocks were trading lower on Monday at 10:34AM

Rajshree Sugars & Chemicals(up 7.09%), Simbhaoli Sugars(up 4.97%), Dharani Sugars & Chemicals(up 4.94%) and Rana Sugars(up 1.18%) were among the top gainers.

BAJAJHIND(down 4.81%), Ugar Sugar Works(down 4.17%), Bannari Amman Sugars(down 3.60%), MAGADHSUGAR(down 3.15%), KCP Sugar & Industries(down 3.08%), Shree Renuka Sugars(down 2.85%), Kothari Sugars & Chemicals(down 2.67%), DCM Shriram Industries(down 2.52%), Sakthi Sugars(down 2.46%) and AVADHSUGAR(down 2.36%) were among the top losers.

The NSE Nifty50 index was trading 178.3 points down at 16993.65, while the 30-share BSE Sensex was down 532.79 points at 56664.36 at around 10:34AM.

ICICI Bank(up 1.61%), Bajaj Auto(up 1.4%), Maruti Suzuki(up 0.94%), Hero MotoCorp(up 0.6%), Axis Bank(up 0.53%), Mahindra & Mahindra(up 0.42%) and Eicher Motors(up 0.38%) were among the top gainers in the Nifty pack.

On the other hand, Bharat Petroleum Corporation(down 5.02%), Coal India(down 3.88%), Tata Steel(down 3.68%), Tech Mahindra(down 2.97%), Britannia Industries(down 2.65%), JSW Steel(down 2.51%), Wipro(down 2.38%), TATA CONSUMER PRODUCTS(down 2.36%), Hindalco Industries(down 2.24%) and SBI Life(down 2.19%) were trading in the red.