Stock market update: Sugar stocks down as market rises

NEW DELHI: Sugar stocks were trading lower on Thursday at 10:50AM

Dharani Sugars & Chemicals(up 2.86%), Triveni Engineering & Industries(up 0.62%), BAJAJHIND(up 0.35%), Bannari Amman Sugars(up 0.20%), DCM Shriram Industries(up 0.07%) and Dalmia Bharat Sugar & Industries(up 0.05%) were among the top gainers.

Balrampur Chini Mills(down 1.26%), Mawana Sugars(down 1.26%), Dwarikesh Sugar Industries(down 0.74%), Uttam Sugar Mills(down 0.67%), Ugar Sugar Works(down 0.57%), EID Parry(down 0.43%), Rana Sugars(down 0.42%), Vishwaraj Sugar Industries(down 0.32%), Ponni Sugars(Erode)(down 0.32%) and Shree Renuka Sugars(down 0.32%) were among the top losers.

The NSE Nifty50 index was trading 23.1 points up at 17836.7, while the 30-share BSE Sensex was up 87.22 points at 60387.8 at around 10:50AM.

Bajaj Finance(up 2.21%), Bajaj Finserv(up 2.2%), SBI Life(up 1.56%), Bharat Petroleum Corporation(up 1.26%), ITC(up 1.07%), UPL Ltd(up 1.04%), Kotak Mahindra Bank(up 0.89%), Bajaj Auto(up 0.77%), Hindalco Industries(up 0.72%) and Coal India(up 0.65%) were among the top gainers in the Nifty pack.

On the other hand, HDFC LIFE INSURANCE(down 2.56%), Grasim Industries(down 0.92%), Power Grid Corporation of India(down 0.8%), State Bank of India(down 0.77%), Hindustan Unilever(down 0.74%), Apollo Hospitals Enterprises(down 0.73%), Tata Consultancy(down 0.54%), Sun Pharmaceutical Industries(down 0.39%), Asian Paints(down 0.34%) and Oil & Natural Gas Corporation(down 0.34%) were trading in the red.