Stock market update: Sugar stocks down as market falls

NEW DELHI: Sugar shares closed lower in the Monday's session.

Dwarikesh Sugar Industries Ltd.(up 1.05%) stood among the top gainers.

Bajaj Hindusthan Sugar Ltd.(down 6.03%), Rajshree Sugars & Chemicals Ltd.(down 5.06%), KCP Sugar & Industries Corporation Ltd.(down 4.72%), DCM Shriram Industries Ltd.(down 4.60%), Kothari Sugars & Chemicals Ltd.(down 4.42%), Simbhaoli Sugars Ltd.(down 4.09%), KM Sugar Mills Ltd.(down 3.53%), Bannari Amman Sugars Ltd.(down 3.43%), Sakthi Sugars Ltd.(down 3.19%) and Uttam Sugar Mills Ltd.(down 3.17%) were among the top losers of the day.

The NSE Nifty50 index ended 160.9 points down at 22332.65, while the 30-share BSE Sensex closed down 616.75 points at 73502.64.

Apollo Hospitals Enterprise Ltd.(up 2.58%), Nestle India Ltd.(up 1.98%), SBI Life Insurance Company Ltd.(up 1.44%), Cipla Ltd.(up 1.42%), Bajaj Finserv Ltd.(up 1.02%), Dr. Reddy's Laboratories Ltd.(up 1.01%), Britannia Industries Ltd.(up 0.99%), Hero MotoCorp Ltd.(up 0.41%), Grasim Industries Ltd.(up 0.4%) and Tata Consultancy Services Ltd.(up 0.34%) stood among the top gainers in the Nifty pack.

On the other hand, Tata Consumer Products Ltd.(down 3.25%), Bajaj Auto Ltd.(down 2.48%), Power Grid Corporation of India Ltd.(down 2.43%), Tata Steel Ltd.(down 2.42%), State Bank of India(down 1.83%), Oil And Natural Gas Corporation Ltd.(down 1.48%), IndusInd Bank Ltd.(down 1.46%), HDFC Bank Ltd.(down 1.27%), Hindustan Unilever Ltd.(down 1.23%) and NTPC Ltd.(down 1.21%) closed in the red.