Stock market update: Sugar stocks up as market falls

NEW DELHI: Sugar stocks were trading higher on Thursday at 10:45AM

Simbhaoli Sugars Ltd.(up 2.57%), Bajaj Hindusthan Sugar Ltd.(up 2.32%), Rajshree Sugars & Chemicals Ltd.(up 2.07%), EID Parry(India)Ltd.(up 1.73%), Sakthi Sugars Ltd.(up 1.60%), Dwarikesh Sugar Industries Ltd.(up 1.32%), KM Sugar Mills Ltd.(up 1.25%), Rana Sugars Ltd.(up 1.09%), Balrampur Chini Mills Ltd.(up 1.05%) and Magadh Sugar & Energy Ltd.(up 1.00%) were among the top gainers.

Avadh Sugar & Energy Ltd.(down 0.66%) and Triveni Engineering & Industries Ltd.(down 0.35%) were among the top losers.

The NSE Nifty50 index was trading 24.35 points down at 22449.7, while the 30-share BSE Sensex was down 93.67 points at 73992.32 at around 10:45AM.

JSW Steel Ltd.(up 2.27%), Bajaj Auto Ltd.(up 1.94%), Tata Steel Ltd.(up 1.72%), Bajaj Finance Ltd.(up 1.65%), UPL Ltd.(up 1.63%), Divi's Laboratories Ltd.(up 1.31%), Bajaj Finserv Ltd.(up 1.13%), Apollo Hospitals Enterprise Ltd.(up 1.11%), Hindalco Industries Ltd.(up 0.83%) and Bharti Airtel Ltd.(up 0.8%) were among the top gainers in the Nifty pack.

On the other hand, Mahindra & Mahindra Ltd.(down 4.17%), Bharat Petroleum Corporation Ltd.(down 1.99%), SBI Life Insurance Company Ltd.(down 1.28%), Maruti Suzuki India Ltd.(down 1.21%), Reliance Industries Ltd.(down 1.1%), Coal India Ltd.(down 1.09%), Britannia Industries Ltd.(down 0.91%), ITC Ltd.(down 0.88%), Grasim Industries Ltd.(down 0.85%) and Eicher Motors Ltd.(down 0.8%) were trading in the red.