Stock market update: Sugar stocks down as market rises

Stock market update: Sugar stocks down as market rises
ETMarkets.com
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Synopsis

The 30-share BSE Sensex closed up 36.74 points at 58803.33

Analysts see 15,900 to continue to pose as the immediate resistance.
NEW DELHI: Sugar shares closed lower in the Friday's session.

BAJAJHIND(up 5.97%), Sakthi Sugars(up 2.48%), Mawana Sugars(up 1.27%), Dalmia Bharat Sugar & Industries(up 1.22%), Dwarikesh Sugar Industries(up 1.16%), & Industries(up 1.12%), AVADHSUGAR(up 1.01%), Balrampur Chini Mills(up 0.98%), Ugar Sugar Works(up 0.88%) and Dharani Sugars & Chemicals(up 0.46%) stood among the top gainers.

DCM Shriram Industries(down 1.78%), Uttam Sugar Mills(down 1.70%), EID Parry(down 1.60%), MAGADHSUGAR(down 0.99%), Ponni Sugars(Erode)(down 0.96%), Simbhaoli Sugars(down 0.77%), & Chemicals(down 0.73%), K.M.Sugar Mills(down 0.53%), Kothari Sugars & Chemicals(down 0.36%) and Dhampur Sugar Mills(down 0.32%) were among the top losers of the day.

The NSE Nifty50 index ended 3.35 points down at 17539.45, while the 30-share BSE Sensex closed up 36.74 points at 58803.33.

ITC(up 1.75%), Adani Ports & Special Economic Zone(up 1.69%), HDFC(up 1.67%), Larsen & Toubro(up 1.44%), HDFC Bank(up 0.91%), Kotak Mahindra Bank(up 0.84%), Enterprises(up 0.82%), Axis Bank(up 0.81%), NTPC(up 0.68%) and State Bank of India(up 0.64%) stood among the top gainers in the Nifty pack.

On the other hand, Bharat Petroleum Corporation(down 2.84%), Shree Cement(down 2.31%), Hero MotoCorp(down 1.79%), Hindalco Industries(down 1.67%), Oil & Natural Gas Corporation(down 1.45%), UPL Ltd(down 1.41%), Reliance Industries(down 1.17%), Maruti Suzuki(down 1.16%), Bajaj Auto(down 1.11%) and Tata Motors(down 1.1%) closed in the red.
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