Stock market update: Sugar stocks down as market rises

NEW DELHI: Sugar shares closed higher in the Friday's session.

Bajaj Hindusthan Sugar Ltd.(up 4.71%), Simbhaoli Sugars Ltd.(up 4.29%), KCP Sugar & Industries Corporation Ltd.(up 3.28%) and Bannari Amman Sugars Ltd.(up 1.81%) stood among the top gainers.

Rajshree Sugars & Chemicals Ltd.(down 4.61%), Sakthi Sugars Ltd.(down 4.51%), Uttam Sugar Mills Ltd.(down 4.22%), Ugar Sugar Works Ltd.(down 3.71%), Shree Renuka Sugars Ltd.(down 3.42%), Avadh Sugar & Energy Ltd.(down 3.33%), EID Parry(India)Ltd.(down 3.17%), Triveni Engineering & Industries Ltd.(down 2.67%), Balrampur Chini Mills Ltd.(down 2.21%) and Vishwaraj Sugar Industries Ltd.(down 1.85%) were among the top losers of the day.

The NSE Nifty50 index ended 64.55 points up at 21782.5, while the 30-share BSE Sensex closed up 167.06 points at 71595.49.

Grasim Industries Ltd.(up 5.41%), State Bank of India(up 3.68%), Apollo Hospitals Enterprise Ltd.(up 3.32%), Sun Pharmaceutical Industries Ltd.(up 2.35%), ICICI Bank Ltd.(up 2.17%), Adani Ports & Special Economic Zone Ltd.(up 2.12%), Hero MotoCorp Ltd.(up 2.1%), Britannia Industries Ltd.(up 1.97%), Axis Bank Ltd.(up 1.5%) and Adani Enterprises Ltd.(up 1.48%) stood among the top gainers in the Nifty pack.

On the other hand, Mahindra & Mahindra Ltd.(down 2.35%), Oil And Natural Gas Corporation Ltd.(down 2.06%), Bharti Airtel Ltd.(down 1.92%), NTPC Ltd.(down 1.82%), Hindalco Industries Ltd.(down 1.67%), Tata Steel Ltd.(down 1.64%), UPL Ltd.(down 1.49%), Infosys Ltd.(down 1.35%), SBI Life Insurance Company Ltd.(down 1.33%) and HDFC Life Insurance Company Ltd.(down 1.31%) closed in the red.


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