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    Stock market update: Sugar stocks down as market falls

    Synopsis

    The 30-share BSE Sensex was down 284.45 points at 65711.18

    A broker watches a TV news channel as another monitors share prices at a brokerage firm in MumbaiReuters
    On an immediate basis, 15,770/52,500 and 15,850/52,700 levels would be major hurdles.
    NEW DELHI: Sugar stocks were trading lower on Monday at 10:04AM

    KCP Sugar & Industries(up 2.51%), Uttam Sugar Mills(up 0.68%), Shree Renuka Sugars(up 0.46%), AVADHSUGAR(up 0.32%), Balrampur Chini Mills(up 0.30%), Bannari Amman Sugars(up 0.26%) and Triveni Engineering & Industries(up 0.22%) were among the top gainers.

    Sakthi Sugars(down 2.02%), Dalmia Bharat Sugar & Industries(down 1.93%), BAJAJHIND(down 1.75%), Simbhaoli Sugars(down 1.71%), Vishwaraj Sugar Industries(down 1.64%), Kothari Sugars & Chemicals(down 1.47%), Rajshree Sugars & Chemicals(down 1.28%), Ponni Sugars(Erode)(down 1.12%), Mawana Sugars(down 0.98%) and Rana Sugars(down 0.92%) were among the top losers.

    The NSE Nifty50 index was trading 87.2 points down at 19566.3, while the 30-share BSE Sensex was down 284.45 points at 65711.18 at around 10:04AM.

    HCL Technologies Ltd.(up 1.4%), Dr. Reddy's Laboratories Ltd.(up 1.23%), Tata Consultancy Services Ltd.(up 1.06%), Divi's Laboratories Ltd.(up 0.75%), Bajaj Auto Ltd.(up 0.68%), Eicher Motors Ltd.(up 0.53%), Tech Mahindra Ltd.(up 0.53%), Infosys Ltd.(up 0.49%), Oil And Natural Gas Corporation Ltd.(up 0.44%) and Hindustan Unilever Ltd.(up 0.39%) were among the top gainers in the Nifty pack.

    On the other hand, Adani Ports & Special Economic Zone Ltd.(down 2.9%), Bharat Petroleum Corporation Ltd.(down 2.33%), Adani Enterprises Ltd.(down 1.9%), Titan Company Ltd.(down 1.53%), State Bank of India(down 1.46%), Asian Paints Ltd.(down 1.42%), Bajaj Finserv Ltd.(down 1.28%), Tata Steel Ltd.(down 1.27%), JSW Steel Ltd.(down 1.19%) and Power Grid Corporation of India Ltd.(down 1.14%) were trading in the red.
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