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    Stock market update: Sugar stocks up as market rises

    Synopsis

    The 30-share BSE Sensex was up 55.09 points at 60111.19

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    MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages.
    NEW DELHI: Sugar stocks were trading higher on Tuesday at 11:00AM

    Ugar Sugar Works(up 4.39%), Sakthi Sugars(up 4.21%), BAJAJHIND(up 3.16%), DCM Shriram Industries(up 3.05%), Rana Sugars(up 2.80%), K.M.Sugar Mills(up 2.59%), Ponni Sugars(Erode)(up 2.36%), Mawana Sugars(up 2.31%), Vishwaraj Sugar Industries(up 2.26%) and Simbhaoli Sugars(up 2.20%) were among the top gainers.

    Dharani Sugars & Chemicals(down 1.68%) were among the top losers.

    The NSE Nifty50 index was trading 20.2 points up at 17763.6, while the 30-share BSE Sensex was up 55.09 points at 60111.19 at around 11:00AM.

    Adani Enterprises(up 3.3%), Bajaj Finance(up 2.1%), IndusInd Bank(up 1.56%), Adani Ports & Special Economic Zone(up 1.49%), Bajaj Finserv(up 1.49%), State Bank of India(up 1.41%), Axis Bank(up 1.16%), Britannia Industries(up 0.98%), Eicher Motors(up 0.84%) and ICICI Bank(up 0.78%) were among the top gainers in the Nifty pack.

    On the other hand, UPL Ltd(down 1.76%), HDFC LIFE INSURANCE(down 1.69%), Kotak Mahindra Bank(down 0.8%), HDFC Bank(down 0.79%), HDFC(down 0.71%), Nestle India(down 0.68%), Sun Pharmaceutical Industries(down 0.66%), Asian Paints(down 0.48%), Wipro(down 0.46%) and Maruti Suzuki(down 0.45%) were trading in the red.
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