Stock Market Sectors: Stock Market Update: Sugar Stocks Down as Market Falls

NEW DELHI: Sugar stocks were trading lower at 10:09 am on Friday

Top gainers included KCP Sugar & Industries Corporation Ltd. (up 1.48%), Simbhaoli Sugars Ltd. (up 1.14%), Rajshree Sugars & Chemicals Ltd. (up 0.69%), Kothari Sugars & Chemicals Ltd. (up 0.40%), Bannari Amman Sugars Ltd. (up 0.35%), Dalmia Bharat Sugar and Industries Ltd. (up 0.29%), Shree Renuka Sugars Ltd. (up 0.27%) and Ponni Sugars(Erode) Ltd. (up 0.22%).

Top losers included Mawana Sugars Ltd. (down 1.88%), Vishwaraj Sugar Industries Ltd. (down 0.92%), Balrampur Chini Mills Ltd. (down 0.62%), Ugar Sugar Works Ltd. (down 0.53%), KM Sugar Mills Ltd. (down 0.42%), Uttam Sugar Mills Ltd. (down 0.40%), Dhampur Sugar Mills Ltd. (down 0.35%), Rana Sugars Ltd. (down 0.32%), Avadh Sugar & Energy Ltd. (down 0.27%) and EID Parry(India)Ltd. (down 0.25%).

The NSE Nifty50 index fell 97.56 points to 24,204.6, while the 30-share BSE Sensex was down 420.85 points at 79,628.82 around 10:09 am.

Top gainers on the Nifty included Divi’s Laboratories Ltd. (up 1.91%), Cipla Ltd. (up 1.55%), Oil And Natural Gas Corporation Ltd. (up 1.52%), Larsen & Toubro Ltd. (up 1.29%), Bharat Petroleum Corporation Ltd. (up 0.96%), JSW Steel Ltd. (up 0.91%), Hindalco Industries Ltd. (up 0.89%), Reliance Industries Ltd. (up 0.87%), SBI Life Insurance Company Ltd. (up 0.7%) and NTPC Ltd. (up 0.68%). On the other hand, HDFC Bank Ltd. (down 3.97%), Mahindra & Mahindra Ltd. (down 1.83%), Titan Company Ltd. (down 1.66%), Tata Steel Ltd. (down 0.9%), IndusInd Bank Ltd. (down 0.8%), ICICI Bank Ltd. (down 0.76%), Bajaj Finserv Ltd. (down 0.55%), UltraTech Cement Ltd. (down 0.53%), Kotak Mahindra Bank Ltd. (down 0.37%) and Infosys Ltd. (down 0.31%) were trading in the red.