Stock market update: Sugar stocks up as market falls

Stock market update: Sugar stocks up as market falls

NEW DELHI: Sugar shares closed lower in the Wednesday’s session.

Simbhaoli Sugars(up 9.93%), Dharani Sugars & Chemicals(up 4.85%), K.M.Sugar Mills(up 2.76%), Uttam Sugar Mills(up 1.69%), Shree Renuka Sugars(up 1.65%), AVADHSUGAR(up 1.62%), Vishwaraj Sugar Industries(up 1.35%), EID Parry(up 0.99%), Balrampur Chini Mills(up 0.59%) and Rajshree Sugars & Chemicals(up 0.56%) stood among the top gainers.

Sakthi Sugars(down 7.32%), Kothari Sugars & Chemicals(down 3.99%), KCP Sugar & Industries(down 1.49%), Dhampur Sugar Mills(down 1.48%), Dalmia Bharat Sugar & Industries(down 0.77%), Dwarikesh Sugar Industries(down 0.76%), Rana Sugars(down 0.57%), DCM Shriram Industries(down 0.56%), Mawana Sugars(down 0.48%) and Bannari Amman Sugars(down 0.07%) were among the top losers of the day.

The NSE Nifty50 index ended 31.2 points down at 17624.4, while the 30-share BSE Sensex closed down 168.08 points at 59028.91.

Shree Cement(up 7.05%), UltraTech Cement(up 4.24%), Adani Ports & Special Economic Zone(up 2.89%), Coal India(up 2.64%), Britannia Industries(up 1.64%), Grasim Industries(up 1.57%), SBI Life(up 1.54%), Cipla(up 1.02%), TATA CONSUMER PRODUCTS(up 0.84%) and Bharat Petroleum Corporation(up 0.8%) stood among the top gainers in the Nifty pack.

On the other hand, Tata Motors(down 2.6%), Bajaj Auto(down 2.13%), IndusInd Bank(down 1.7%), Mahindra & Mahindra(down 1.28%), Maruti Suzuki(down 1.17%), Bharti Airtel(down 1.07%), State Bank of India(down 0.92%), Tata Steel(down 0.92%),

Enterprises(down 0.88%) and HDFC(down 0.85%) closed in the red.

(What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

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