Stock market update: Sugar stocks up as market rises

Stock market update: Sugar stocks up as market rises
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The 30-share BSE Sensex closed up 442.65 points at 59245.98

Agencies
Mazhar Mohammad of Chartviewindia.in said technical indicators are turning mixed as the weekly MACD chart has generated a 'buy' signal, giving an edge to the bulls.
NEW DELHI: Sugar shares closed higher in the Monday's session.

Sakthi Sugars(up 12.80%), BAJAJHIND(up 9.86%), KCP Sugar & Industries(up 2.11%), Vishwaraj Sugar Industries(up 1.74%), Ugar Sugar Works(up 1.67%), Dhampur Sugar Mills(up 1.34%), Rana Sugars(up 1.20%), EID Parry(up 0.77%), Dalmia Bharat Sugar & Industries(up 0.58%) and MAGADHSUGAR(up 0.52%) stood among the top gainers.

DCM Shriram Industries(down 3.07%), AVADHSUGAR(down 2.81%), Dharani Sugars & Chemicals(down 1.36%), Kothari Sugars & Chemicals(down 0.60%), Uttam Sugar Mills(down 0.50%), Simbhaoli Sugars(down 0.26%), Bannari Amman Sugars(down 0.19%) and Ponni Sugars(Erode)(down 0.02%) were among the top losers of the day.

The NSE Nifty50 index ended 126.35 points up at 17665.8, while the 30-share BSE Sensex closed up 442.65 points at 59245.98.

Hindalco Industries(up 3.47%), JSW Steel(up 3.11%), ITC(up 1.76%), Sun Pharmaceutical Industries(up 1.73%), NTPC(up 1.67%), Reliance Industries(up 1.55%), Larsen & Toubro(up 1.44%), Grasim Industries(up 1.35%), Tata Steel(up 1.33%) and HCL Technologies(up 1.25%) stood among the top gainers in the Nifty pack.

On the other hand, Bajaj Auto(down 1.84%), Nestle India(down 1.54%), Britannia Industries(down 1.12%), UltraTech Cement(down 0.84%), Apollo Hospitals Enterprises(down 0.69%), Eicher Motors(down 0.63%), Tata Motors(down 0.6%), Wipro(down 0.54%), Power Grid Corporation of India(down 0.36%) and HDFC LIFE INSURANCE(down 0.21%) closed in the red.
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