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    Stock market update: Sugar stocks up as market falls

    Synopsis

    The 30-share BSE Sensex was down 220.79 points at 66207.3

    Tech View
    Analysts see 15,900 to continue to pose as the immediate resistance.
    NEW DELHI: Sugar stocks were trading higher on Wednesday at 11:00AM

    Triveni Engineering & Industries(up 5.47%), Rajshree Sugars & Chemicals(up 4.97%), Uttam Sugar Mills(up 4.37%), MAGADHSUGAR(up 3.37%), BAJAJHIND(up 3.20%), Ponni Sugars(Erode)(up 3.09%), Kothari Sugars & Chemicals(up 3.02%), Mawana Sugars(up 3.01%), K.M.Sugar Mills(up 2.87%) and Dhampur Sugar Mills(up 1.84%) were among the top gainers.

    KCP Sugar & Industries(down 2.97%) and EID Parry(down 0.63%) were among the top losers.

    The NSE Nifty50 index was trading 43.55 points down at 19767.95, while the 30-share BSE Sensex was down 220.79 points at 66207.3 at around 11:00AM.

    Cipla Ltd.(up 3.26%), Hindalco Industries Ltd.(up 1.66%), Dr. Reddy's Laboratories Ltd.(up 1.65%), Sun Pharmaceutical Industries Ltd.(up 1.49%), Tata Motors Ltd.(up 1.11%), Oil And Natural Gas Corporation Ltd.(up 0.75%), Bajaj Auto Ltd.(up 0.67%), ITC Ltd.(up 0.6%), Infosys Ltd.(up 0.52%) and Grasim Industries Ltd.(up 0.47%) were among the top gainers in the Nifty pack.

    On the other hand, Bajaj Finance Ltd.(down 1.65%), Power Grid Corporation of India Ltd.(down 1.35%), Bajaj Finserv Ltd.(down 1.03%), HDFC Bank Ltd.(down 0.98%), Kotak Mahindra Bank Ltd.(down 0.96%), ICICI Bank Ltd.(down 0.96%), Axis Bank Ltd.(down 0.91%), Larsen & Toubro Ltd.(down 0.78%), LTIMindtree Ltd.(down 0.73%) and Tech Mahindra Ltd.(down 0.73%) were trading in the red.
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