Stock Market Sectors: Stock Market Update: Sugar Stocks Fall, Market Rising

NEW DELHI: Shares of sugar companies were trading lower at 10:44 am on Thursday

Top gainers included Mawana Sugars Ltd. (up 2.77%), Ponni Sugars(Erode) Ltd. (up 2.04%), EID Parry(India) Ltd. (up 0.97%), Balrampur Chini Mills Ltd. (up 0.23%), Triveni Engineering & Industries Ltd. (up 0.20%), Ugar Sugar Works Ltd. (up 0.13%), Bannari Amman Sugars Ltd. (up 0.12%) and Dhampur Sugar Mills Ltd. (up 0.05%).

Top losers included Simbhaoli Sugars Ltd. (down 1.41%), Rana Sugars Ltd. (down 1.11%), Shree Renuka Sugars Ltd. (down 1.08%), Uttam Sugar Mills Ltd. (down 1.03%), Bajaj Hindusthan Sugar Ltd. (down 0.94%), Dalmia Bharat Sugar and Industries Ltd. (down 0.86%), Rajshree Sugars & Chemicals Ltd. (down 0.84%), KCP Sugar & Industries Corporation Ltd. (down 0.72%), KM Sugar Mills Ltd. (down 0.65%) and Sakthi Sugars Ltd. (down 0.49%).

The NSE Nifty50 index was up 39.8 points at 24,326.3, while the 30-share BSE Sensex was up 149.02 points at 80,135.82 around 10:44 am.

HCL Technologies Ltd. (up 2.32%), ICICI Bank Ltd. (up 1.73%), Hindalco Industries Ltd. (up 1.5%), Tata Consultancy Services Ltd. (up 1.49%), Infosys Ltd. (up 1.36%), Asian Paints Ltd. (up 1.32%), Tata Motors Ltd. (up 1.28%), Mahindra & Mahindra Ltd. (up 1.22%), HDFC Life Insurance Company Ltd. (up 1.15%) and Coal India Ltd. (up 0.83%) were among the top gainers in the Nifty pack. On the other hand, HDFC Bank Ltd. (down 1.88%), Bajaj Finance Ltd. (down 1.35%), Adani Enterprises Ltd. (down 1.1%), IndusInd Bank Ltd. (down 1.05%), Adani Ports & Special Economic Zone Ltd. (down 0.82%), UltraTech Cement Ltd. (down 0.78%), Tech Mahindra Ltd. (down 0.71%), Titan Company Ltd. (down 0.58%), State Bank of India (down 0.48%) and Divi’s Laboratories Ltd. (down 0.43%) were trading in the red.