Stock market update: Sugar stocks up as market rises

NEW DELHI: Sugar stocks were trading higher on Friday at 09:59AM

Balrampur Chini Mills Ltd.(up 1.08%), Bajaj Hindusthan Sugar Ltd.(up 0.62%), Sakthi Sugars Ltd.(up 0.60%), Triveni Engineering & Industries Ltd.(up 0.55%), Simbhaoli Sugars Ltd.(up 0.55%), Rajshree Sugars & Chemicals Ltd.(up 0.48%), Dhampur Sugar Mills Ltd.(up 0.43%), Magadh Sugar & Energy Ltd.(up 0.39%), Shree Renuka Sugars Ltd.(up 0.36%) and Dalmia Bharat Sugar and Industries Ltd.(up 0.34%) were among the top gainers.

Bannari Amman Sugars Ltd.(down 1.52%), DCM Shriram Industries Ltd.(down 1.10%), Mawana Sugars Ltd.(down 0.88%), EID Parry(India)Ltd.(down 0.82%), Kothari Sugars & Chemicals Ltd.(down 0.63%), Ponni Sugars(Erode)Ltd.(down 0.33%), Vishwaraj Sugar Industries Ltd.(down 0.32%), KM Sugar Mills Ltd.(down 0.14%) and Avadh Sugar & Energy Ltd.(down 0.02%) were among the top losers.

The NSE Nifty50 index was trading 7.81 points down at 22959.85, while the 30-share BSE Sensex was up 6.02 points at 75424.06 at around 09:59AM.

Hindalco Industries Ltd.(up 1.84%), Larsen & Toubro Ltd.(up 1.16%), State Bank of India(up 0.92%), Bajaj Finance Ltd.(up 0.69%), Tata Steel Ltd.(up 0.6%), HDFC Life Insurance Company Ltd.(up 0.6%), Bharti Airtel Ltd.(up 0.59%), Wipro Ltd.(up 0.58%), HDFC Bank Ltd.(up 0.51%) and Tata Motors Ltd.(up 0.4%) were among the top gainers in the Nifty pack.

On the other hand, Adani Ports & Special Economic Zone Ltd.(down 1.95%), Shriram Finance Ltd.(down 1.22%), Tata Consumer Products Ltd.(down 1.21%), Apollo Hospitals Enterprise Ltd.(down 1.1%), Hero MotoCorp Ltd.(down 0.83%), Mahindra & Mahindra Ltd.(down 0.76%), Tata Consultancy Services Ltd.(down 0.75%), ICICI Bank Ltd.(down 0.74%), Titan Company Ltd.(down 0.67%) and Sun Pharmaceutical Industries Ltd.(down 0.66%) were trading in the red.