Stock market update: Fertilisers stocks down as market falls

NEW DELHI: Fertilisers stocks were trading lower on Thursday at 10:29AM

Sikko Industries Ltd.(up 2.03%) were among the top gainers.

Aries Agro Ltd.(down 2.30%), Madras Fertilizers Ltd.(down 2.18%), Rashtriya Chemicals & Fertilizers Ltd.(down 1.82%), Gujarat Narmada Valley Fertilizers & Chemicals Ltd.(down 1.79%), Paradeep Phosphates Ltd.(down 1.57%), Khaitan Chemicals & Fertilizers Ltd.(down 1.47%), National Fertilizers Ltd.(down 1.38%), Zuari Agro Chemicals Ltd.(down 1.24%), Madhya Bharat Agro Products Ltd.(down 1.12%) and Gujarat State Fertilizer & Chemicals Ltd.(down 1.08%) were among the top losers.

The NSE Nifty50 index was trading 128.0 points down at 22576.7, while the 30-share BSE Sensex was down 387.3 points at 74115.6 at around 10:29AM.

Axis Bank Ltd.(up 0.73%), Kotak Mahindra Bank Ltd.(up 0.72%), State Bank of India(up 0.53%), ICICI Bank Ltd.(up 0.45%), Hero MotoCorp Ltd.(up 0.43%), HDFC Bank Ltd.(up 0.38%), IndusInd Bank Ltd.(up 0.36%) and Divi's Laboratories Ltd.(up 0.07%) were among the top gainers in the Nifty pack.

On the other hand, Tata Steel Ltd.(down 3.79%), JSW Steel Ltd.(down 2.56%), Nestle India Ltd.(down 2.55%), Titan Company Ltd.(down 2.09%), Shriram Finance Ltd.(down 2.05%), Power Grid Corporation of India Ltd.(down 2.05%), Bajaj Finserv Ltd.(down 1.69%), Tata Consumer Products Ltd.(down 1.56%), Apollo Hospitals Enterprise Ltd.(down 1.54%) and Bajaj Finance Ltd.(down 1.53%) were trading in the red.