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    Stock market update: Fertilisers stocks down as market falls

    Synopsis

    The 30-share BSE Sensex was down 15.62 points at 66214.62

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    Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs.
    NEW DELHI: Fertilisers stocks were trading lower on Friday at 10:34AM

    KRISHANA(up 2.82%), Deepak Fertilizers & Petrochemicals(up 2.03%), Madhya Bharat Agro Products(up 1.14%), Aries Agro(up 0.29%), Coromandel International(up 0.21%), Sikko Industries(up 0.17%) and Madras Fertlizers(up 0.13%) were among the top gainers.

    Agro Phos(down 1.47%), National Fertilizer(down 1.35%), Fertilizers & Chemicals Tranvancore(down 1.02%), Khaitan Chemicals & Fertilizers(down 0.90%), Nagarjuna Fertilizers & Chem(down 0.58%), Paradeep Phosphates(down 0.42%), ZUARIAGRO(down 0.42%), Southern Petrochemicals Industries(down 0.41%), Rashtriya Chemicals & Fertilizers(down 0.39%) and Gujarat Narmada Valley Fertilizers (down 0.37%) were among the top losers.

    The NSE Nifty50 index was trading 20.7 points down at 19721.65, while the 30-share BSE Sensex was down 15.62 points at 66214.62 at around 10:34AM.

    Maruti Suzuki India Ltd.(up 1.63%), Tech Mahindra Ltd.(up 1.47%), Mahindra & Mahindra Ltd.(up 1.43%), State Bank of India(up 1.33%), IndusInd Bank Ltd.(up 1.04%), HDFC Life Insurance Company Ltd.(up 0.98%), Hero MotoCorp Ltd.(up 0.97%), Larsen & Toubro Ltd.(up 0.77%), Bajaj Finserv Ltd.(up 0.77%) and Bajaj Finance Ltd.(up 0.74%) were among the top gainers in the Nifty pack.

    On the other hand, Cipla Ltd.(down 2.69%), Dr. Reddy's Laboratories Ltd.(down 2.65%), Wipro Ltd.(down 1.95%), Power Grid Corporation of India Ltd.(down 1.68%), Sun Pharmaceutical Industries Ltd.(down 1.4%), Divi's Laboratories Ltd.(down 1.3%), Tata Steel Ltd.(down 1.13%), Eicher Motors Ltd.(down 1.09%), Titan Company Ltd.(down 1.03%) and UltraTech Cement Ltd.(down 0.92%) were trading in the red.
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