Stock market update: Fertilisers stocks down as market falls

NEW DELHI: Fertilisers stocks were trading lower on Monday at 11:20AM

Sikko Industries Ltd.(up 3.22%), Nagarjuna Fertilizers and Chemicals Ltd.(up 2.93%), Zuari Agro Chemicals Ltd.(up 1.02%), Madhya Bharat Agro Products Ltd.(up 0.63%) and Aries Agro Ltd.(up 0.30%) were among the top gainers.

The Fertilisers and Chemicals Travancore Ltd.(down 4.10%), Krishana Phoschem Ltd.(down 2.16%), Gujarat State Fertilizer & Chemicals Ltd.(down 1.95%), Rashtriya Chemicals & Fertilizers Ltd.(down 1.90%), Gujarat Narmada Valley Fertilizers & Chemicals Ltd.(down 1.63%), Coromandel International Ltd.(down 1.61%), National Fertilizers Ltd.(down 1.55%), Mangalore Chemicals & Fertilizers Ltd.(down 1.36%), Agro Phos India Ltd.(down 1.36%) and Chambal Fertilisers & Chemicals Ltd.(down 1.30%) were among the top losers.

The NSE Nifty50 index was trading 55.75 points down at 21967.6, while the 30-share BSE Sensex was down 170.15 points at 72473.28 at around 11:20AM.

Tata Steel Ltd.(up 3.78%), Mahindra & Mahindra Ltd.(up 2.93%), JSW Steel Ltd.(up 1.75%), Tata Motors Ltd.(up 1.31%), Bajaj Auto Ltd.(up 1.2%), Oil And Natural Gas Corporation Ltd.(up 1.07%), Dr. Reddy's Laboratories Ltd.(up 0.98%), Coal India Ltd.(up 0.78%), Bharti Airtel Ltd.(up 0.77%) and Apollo Hospitals Enterprise Ltd.(up 0.67%) were among the top gainers in the Nifty pack.

On the other hand, Adani Ports & Special Economic Zone Ltd.(down 2.6%), UPL Ltd.(down 2.2%), Adani Enterprises Ltd.(down 2.11%), Tata Consumer Products Ltd.(down 1.73%), Titan Company Ltd.(down 1.35%), Asian Paints Ltd.(down 1.32%), State Bank of India(down 1.13%), ICICI Bank Ltd.(down 1.11%), Eicher Motors Ltd.(down 1.09%) and Power Grid Corporation of India Ltd.(down 1.08%) were trading in the red.