Stock market update: Fertilisers stocks down as market falls

NEW DELHI: Fertilisers stocks were trading lower on Wednesday at 10:55AM

Madhya Bharat Agro Products Ltd.(up 3.76%), Coromandel International Ltd.(up 0.59%), Aries Agro Ltd.(up 0.39%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 0.13%) and Gujarat Narmada Valley Fertilizers & Chemicals Ltd.(up 0.03%) were among the top gainers.

Zuari Agro Chemicals Ltd.(down 3.24%), Mangalore Chemicals & Fertilizers Ltd.(down 2.73%), Krishana Phoschem Ltd.(down 2.39%), The Fertilisers and Chemicals Travancore Ltd.(down 2.19%), Madras Fertilizers Ltd.(down 2.12%), Nagarjuna Fertilizers and Chemicals Ltd.(down 1.97%), Sikko Industries Ltd.(down 1.90%), Khaitan Chemicals & Fertilizers Ltd.(down 1.72%), National Fertilizers Ltd.(down 1.71%) and Rama Phosphates Ltd.(down 1.70%) were among the top losers.

The NSE Nifty50 index was trading 81.85 points down at 22116.5, while the 30-share BSE Sensex was down 249.14 points at 72846.08 at around 10:55AM.

Infosys Ltd.(up 0.96%), HDFC Life Insurance Company Ltd.(up 0.95%), Tata Consultancy Services Ltd.(up 0.83%), Tata Consumer Products Ltd.(up 0.72%), Tech Mahindra Ltd.(up 0.41%), Bharti Airtel Ltd.(up 0.18%), Tata Motors Ltd.(up 0.16%), Bajaj Finance Ltd.(up 0.15%), Bajaj Finserv Ltd.(up 0.14%) and Hindustan Unilever Ltd.(up 0.03%) were among the top gainers in the Nifty pack.

On the other hand, Bajaj Auto Ltd.(down 2.37%), Apollo Hospitals Enterprise Ltd.(down 2.35%), Asian Paints Ltd.(down 1.87%), Bharat Petroleum Corporation Ltd.(down 1.72%), Maruti Suzuki India Ltd.(down 1.53%), Power Grid Corporation of India Ltd.(down 1.49%), Wipro Ltd.(down 1.43%), Adani Ports & Special Economic Zone Ltd.(down 1.31%), Mahindra & Mahindra Ltd.(down 1.31%) and Larsen & Toubro Ltd.(down 1.23%) were trading in the red.

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