Stock market update: Sugar stocks down as market rises

NEW DELHI: Sugar stocks were trading lower on Tuesday at 11:27AM

Ugar Sugar Works(up 1.50%), Rana Sugars(up 0.84%), Dalmia Bharat Sugar & Industries(up 0.80%), BAJAJHIND(up 0.65%), Simbhaoli Sugars(up 0.63%), Shree Renuka Sugars(up 0.37%), Kothari Sugars & Chemicals(up 0.24%), Rajshree Sugars & Chemicals(up 0.19%) and K.M.Sugar Mills(up 0.18%) were among the top gainers.

Balrampur Chini Mills(down 2.65%), Dhampur Sugar Mills(down 1.05%), Mawana Sugars(down 0.88%), Uttam Sugar Mills(down 0.79%), & Industries(down 0.70%), Bannari Amman Sugars(down 0.68%), Sakthi Sugars(down 0.65%), EID Parry(down 0.61%), Vishwaraj Sugar Industries(down 0.59%) and Dharani Sugars & Chemicals(down 0.45%) were among the top losers.

The NSE Nifty50 index was trading 28.45 points up at 18147.0, while the 30-share BSE Sensex was up 130.98 points at 61072.65 at around 11:27AM.

Tata Motors(up 2.88%), HCL Technologies(up 1.32%), Infosys(up 1.13%), Asian Paints(up 1.03%), Titan Company Ltd(up 1.03%), HDFC Bank(up 1.02%), HDFC LIFE INSURANCE(up 0.89%), Adani Enterprises(up 0.83%), Bajaj Finserv(up 0.72%) and HDFC(up 0.68%) were among the top gainers in the Nifty pack.

On the other hand, Axis Bank(down 2.86%), Power Grid Corporation of India(down 1.38%), Dr Reddys Laboratories(down 1.21%), Bharti Airtel(down 1.18%), Hindalco Industries(down 1.07%), SBI Life(down 0.8%), Kotak Mahindra Bank(down 0.74%), Grasim Industries(down 0.69%), Coal India(down 0.67%) and JSW Steel(down 0.67%) were trading in the red.