Stock market update: Sugar stocks up as market falls

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NEW DELHI: Sugar stocks were trading higher on Wednesday at 11:26AM

Kothari Sugars & Chemicals(up 6.50%), Ponni Sugars(Erode)(up 3.33%), Vishwaraj Sugar Industries(up 2.51%),

& Industries(up 2.23%), Rana Sugars(up 2.14%), DCM Shriram Industries(up 2.06%), Dharani Sugars & Chemicals(up 1.70%), Dhampur Sugar Mills(up 1.33%), Sakthi Sugars(up 1.27%) and K.M.Sugar Mills(up 1.21%) were among the top gainers.

BAJAJHIND(down 1.30%), Mawana Sugars(down 1.22%), KCP Sugar & Industries(down 0.86%), Balrampur Chini Mills(down 0.81%), Uttam Sugar Mills(down 0.50%), EID Parry(down 0.32%), Ugar Sugar Works(down 0.22%) and AVADHSUGAR(down 0.06%) were among the top losers.

The NSE Nifty50 index was trading 17.35 points down at 17798.9, while the 30-share BSE Sensex was down 28.89 points at 59690.85 at around 11:26AM.

Britannia Industries(up 3.47%), Hindustan Unilever(up 1.95%),

Enterprises(up 1.76%), Nestle India(up 0.99%), Reliance Industries(up 0.91%), Eicher Motors(up 0.85%), Tata Steel(up 0.71%), Tech Mahindra(up 0.68%), Dr Reddys Laboratories(up 0.62%) and Sun Pharmaceutical Industries(up 0.46%) were among the top gainers in the Nifty pack.
On the other hand, Adani Ports & Special Economic Zone(down 3.23%), Shree Cement(down 2.46%), IndusInd Bank(down 1.92%), Oil & Natural Gas Corporation(down 1.88%), NTPC(down 1.13%), Power Grid Corporation of India(down 1.07%), Cipla(down 0.93%), HDFC(down 0.92%), Bharti Airtel(down 0.9%) and Kotak Mahindra Bank(down 0.86%) were trading in the red.

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