Stock market update: Sugar stocks up as market rises

NEW DELHI: Sugar stocks were trading higher on Monday at 11:06AM

MAGADHSUGAR(up 2.62%), Dhampur Sugar Mills(up 2.57%), Balrampur Chini Mills(up 1.99%), Ponni Sugars(Erode)(up 1.87%), DCM Shriram Industries(up 1.52%), Uttam Sugar Mills(up 1.50%), AVADHSUGAR(up 1.16%), Ugar Sugar Works(up 1.06%), Dwarikesh Sugar Industries(up 1.01%) and Rana Sugars(up 0.85%) were among the top gainers.

Dharani Sugars & Chemicals(down 1.09%), Dalmia Bharat Sugar & Industries(down 0.66%), Shree Renuka Sugars(down 0.21%) and Rajshree Sugars & Chemicals(down 0.12%) were among the top losers.

The NSE Nifty50 index was trading 157.55 points up at 18226.55, while the 30-share BSE Sensex was up 582.56 points at 61636.85 at around 11:06AM.

IndusInd Bank(up 4.86%), Bajaj Finance(up 3.26%), Bajaj Finserv(up 2.63%), Tata Motors(up 2.55%), Hindalco Industries(up 2.04%), Mahindra & Mahindra(up 1.83%), Oil & Natural Gas Corporation(up 1.68%), Kotak Mahindra Bank(up 1.67%), Power Grid Corporation of India(up 1.6%) and Axis Bank(up 1.49%) were among the top gainers in the Nifty pack.

On the other hand, Coal India(down 2.76%), Adani Enterprises(down 1.42%), Dr Reddys Laboratories(down 0.92%), Larsen & Toubro(down 0.78%), Asian Paints(down 0.49%), Sun Pharmaceutical Industries(down 0.47%), Britannia Industries(down 0.39%), Cipla(down 0.18%), Bharti Airtel(down 0.06%) and Divis Laboratories(down 0.03%) were trading in the red.