Stock market update: Sugar stocks down as market rises

NEW DELHI: Sugar stocks were trading lower on Monday at 10:04AM

MAGADHSUGAR(up 1.97%), K.M.Sugar Mills(up 1.81%), Dhampur Sugar Mills(up 1.30%), Uttam Sugar Mills(up 1.10%), EID Parry(up 0.91%), Rajshree Sugars & Chemicals(up 0.66%), Mawana Sugars(up 0.60%), Kothari Sugars & Chemicals(up 0.53%), AVADHSUGAR(up 0.44%) and BAJAJHIND(up 0.37%) were among the top gainers.

Dharani Sugars & Chemicals(down 3.93%), Ponni Sugars(Erode)(down 1.54%), Simbhaoli Sugars(down 1.46%), Balrampur Chini Mills(down 1.20%), Ugar Sugar Works(down 0.99%), Triveni Engineering & Industries(down 0.75%), DCM Shriram Industries(down 0.71%), Sakthi Sugars(down 0.67%), Bannari Amman Sugars(down 0.57%) and Vishwaraj Sugar Industries(down 0.32%) were among the top losers.

The NSE Nifty50 index was trading 68.4 points up at 18383.2, while the 30-share BSE Sensex was up 261.47 points at 62289.37 at around 10:04AM.

Tata Motors(up 3.4%), Eicher Motors(up 1.78%), Tech Mahindra(up 1.32%), Apollo Hospitals Enterprises(up 1.29%), Infosys(up 1.24%), Britannia Industries(up 1.1%), Dr Reddys Laboratories(up 1.03%), Hindustan Unilever(up 1.01%), Nestle India(up 0.98%) and Asian Paints(up 0.93%) were among the top gainers in the Nifty pack.

On the other hand, Cipla(down 3.24%), Adani Enterprises(down 3.11%), Divis Laboratories(down 1.13%), Maruti Suzuki(down 0.65%), Sun Pharmaceutical Industries(down 0.62%), IndusInd Bank(down 0.55%), Adani Ports & Special Economic Zone(down 0.29%), TATA CONSUMER PRODUCTS(down 0.13%), NTPC(down 0.11%) and Bajaj Finance(down 0.08%) were trading in the red.