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    Stock market update: Sugar stocks down as market rises

    Synopsis

    The 30-share BSE Sensex closed up 261.16 points at 66428.09

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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 shares closed higher in the Tuesday's session.

    Rajshree Sugars & Chemicals(up 4.92%), KCP Sugar & Industries(up 2.38%), MAGADHSUGAR(up 2.25%), BAJAJHIND(up 2.11%), K.M.Sugar Mills(up 1.01%), Simbhaoli Sugars(up 0.96%), Bannari Amman Sugars(up 0.82%), Sakthi Sugars(up 0.80%), DCM Shriram Industries(up 0.79%) and AVADHSUGAR(up 0.71%) stood among the top gainers.

    Rana Sugars(down 3.11%), Ugar Sugar Works(down 1.22%), Ponni Sugars(Erode)(down 1.03%), Mawana Sugars(down 0.84%), Uttam Sugar Mills(down 0.46%), Balrampur Chini Mills(down 0.39%), EID Parry(down 0.32%), Dalmia Bharat Sugar & Industries(down 0.24%), Kothari Sugars & Chemicals(down 0.19%) and Dwarikesh Sugar Industries(down 0.05%) were among the top losers of the day.

    The NSE Nifty50 index ended 79.75 points up at 19811.5, while the 30-share BSE Sensex closed up 261.16 points at 66428.09.

    Bharat Petroleum Corporation Ltd.(up 2.14%), Power Grid Corporation of India Ltd.(up 2.01%), SBI Life Insurance Company Ltd.(up 1.97%), HDFC Life Insurance Company Ltd.(up 1.86%), Coal India Ltd.(up 1.73%), Bajaj Auto Ltd.(up 1.27%), Kotak Mahindra Bank Ltd.(up 1.24%), Tech Mahindra Ltd.(up 1.09%), NTPC Ltd.(up 1.02%) and ITC Ltd.(up 1.0%) stood among the top gainers in the Nifty pack.

    On the other hand, Tata Motors Ltd.(down 1.57%), Larsen & Toubro Ltd.(down 1.14%), UPL Ltd.(down 0.95%), IndusInd Bank Ltd.(down 0.71%), Tata Consultancy Services Ltd.(down 0.48%), Divi's Laboratories Ltd.(down 0.23%), Oil And Natural Gas Corporation Ltd.(down 0.16%), Tata Consumer Products Ltd.(down 0.08%), Hindustan Unilever Ltd.(down 0.08%) and Adani Ports & Special Economic Zone Ltd.(down 0.06%) closed in the red.
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