Stock market update: Sugar stocks up as market rises

NEW DELHI: Sugar stocks were trading higher on Friday at 11:25AM

Mawana Sugars Ltd.(up 2.19%), Rajshree Sugars & Chemicals Ltd.(up 1.55%), Balrampur Chini Mills Ltd.(up 1.30%), Avadh Sugar & Energy Ltd.(up 0.98%), Dhampur Sugar Mills Ltd.(up 0.88%), Vishwaraj Sugar Industries Ltd.(up 0.67%), DCM Shriram Industries Ltd.(up 0.67%), Rana Sugars Ltd.(up 0.49%), KM Sugar Mills Ltd.(up 0.41%) and Shree Renuka Sugars Ltd.(up 0.38%) were among the top gainers.

Bannari Amman Sugars Ltd.(down 3.43%), KCP Sugar & Industries Corporation Ltd.(down 1.56%), Ponni Sugars(Erode)Ltd.(down 0.74%), Triveni Engineering & Industries Ltd.(down 0.73%), Simbhaoli Sugars Ltd.(down 0.70%), Sakthi Sugars Ltd.(down 0.47%), Dwarikesh Sugar Industries Ltd.(down 0.23%), EID Parry(India)Ltd.(down 0.17%), Bajaj Hindusthan Sugar Ltd.(down 0.17%) and Ugar Sugar Works Ltd.(down 0.08%) were among the top losers.

The NSE Nifty50 index was trading 41.45 points up at 22530.1, while the 30-share BSE Sensex was up 141.79 points at 74027.39 at around 11:25AM.

Adani Enterprises Ltd.(up 3.41%), Mahindra & Mahindra Ltd.(up 2.39%), Shriram Finance Ltd.(up 2.28%), Bajaj Finance Ltd.(up 2.2%), Larsen & Toubro Ltd.(up 1.59%), Titan Company Ltd.(up 1.41%), Adani Ports & Special Economic Zone Ltd.(up 1.27%), ITC Ltd.(up 0.98%), Tata Steel Ltd.(up 0.92%) and UltraTech Cement Ltd.(up 0.88%) were among the top gainers in the Nifty pack.

On the other hand, Hero MotoCorp Ltd.(down 1.8%), Bharti Airtel Ltd.(down 1.32%), Kotak Mahindra Bank Ltd.(down 1.23%), Bharat Petroleum Corporation Ltd.(down 1.04%), Divi's Laboratories Ltd.(down 1.03%), Cipla Ltd.(down 0.91%), Dr. Reddy's Laboratories Ltd.(down 0.86%), Axis Bank Ltd.(down 0.85%), LTIMindtree Ltd.(down 0.85%) and NTPC Ltd.(down 0.74%) were trading in the red.