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    Stock market update: Sugar stocks up as market rises

    Synopsis

    The 30-share BSE Sensex was up 31.72 points at 65418.88

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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 Monday at 11:20AM

    MAGADHSUGAR(up 11.87%), BAJAJHIND(up 9.36%), KCP Sugar & Industries(up 7.68%), AVADHSUGAR(up 7.64%), Ponni Sugars(Erode)(up 7.57%), Shree Renuka Sugars(up 7.54%), Vishwaraj Sugar Industries(up 6.81%), K.M.Sugar Mills(up 6.21%), Rana Sugars(up 6.17%) and Uttam Sugar Mills(up 6.07%) were among the top gainers.

    DCM Shriram Industries(down 0.11%) were among the top losers.

    The NSE Nifty50 index was trading 35.7 points up at 19471.0, while the 30-share BSE Sensex was up 31.72 points at 65418.88 at around 11:20AM.

    Tata Steel Ltd.(up 4.05%), Coal India Ltd.(up 3.84%), Hindalco Industries Ltd.(up 3.49%), UltraTech Cement Ltd.(up 3.17%), Grasim Industries Ltd.(up 1.88%), JSW Steel Ltd.(up 1.48%), NTPC Ltd.(up 1.38%), Oil And Natural Gas Corporation Ltd.(up 1.23%), Maruti Suzuki India Ltd.(up 0.88%) and Dr. Reddy's Laboratories Ltd.(up 0.76%) were among the top gainers in the Nifty pack.

    On the other hand, Mahindra & Mahindra Ltd.(down 1.4%), SBI Life Insurance Company Ltd.(down 1.27%), Asian Paints Ltd.(down 1.24%), Nestle India Ltd.(down 1.13%), ITC Ltd.(down 0.91%), HDFC Life Insurance Company Ltd.(down 0.84%), Tata Consumer Products Ltd.(down 0.79%), Axis Bank Ltd.(down 0.77%), Kotak Mahindra Bank Ltd.(down 0.63%) and ICICI Bank Ltd.(down 0.59%) were trading in the red.
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