Stock Market Sectors: Stock Market Update: Sugar Stocks Fall, Sensex Falls

NEW DELHI: Shares of a sugar company ended lower on Wednesday.

Top gainers included KM Sugar Mills Ltd. (up 1.51%), Magadh Sugar & Energy Ltd. (up 1.44%), Balrampur Chini Mills Ltd. (up 1.23%) and Dhampur Sugar Mills Ltd. (up 1.01%).

Top losers of the day included Sakthi Sugars Ltd. (down 3.55%), KCP Sugar & Industries Corporation Ltd. (down 3.08%), Bannari Amman Sugars Ltd. (down 3.05%), Vishwaraj Sugar Industries Ltd. (down 2.82%), Mawana Sugars Ltd. (down 2.77%), DCM Shriram Industries Ltd. (down 2.25%), Ugar Sugar Works Ltd. (down 2.22%), Bajaj Hindusthan Sugar Ltd. (down 2.06%), Avadh Sugar & Energy Ltd. (down 2.05%) and Rajshree Sugars & Chemicals Ltd. (down 2.00%).

The NSE Nifty50 index ended the day down 108.75 points at 24,324.45, while the 30-share BSE Sensex closed down 426.87 points at 79,924.77.

Asian Paints Ltd. (up 3.15%), SBI Life Insurance Company Ltd. (up 2.24%), Divi’s Laboratories Ltd. (up 1.87%), Britannia Industries Ltd. (up 1.53%), Grasim Industries Ltd. (up 1.47%), HDFC Life Insurance Company Ltd. (up 1.46%), Power Grid Corporation of India Ltd. (up 1.44%), NTPC Ltd. (up 1.16%), Apollo Hospitals Enterprise Ltd. (up 0.88%) and Sun Pharmaceutical Industries Ltd. (up 0.83%) were among the top gainers on the Nifty.

On the other hand, Mahindra & Mahindra Ltd. (down 6.62%), Tata Steel Ltd. (down 2.23%), Hindalco Industries Ltd. (down 1.94%), Tata Consultancy Services Ltd. (down 1.92%), Hero MotoCorp Ltd. (down 1.44%), State Bank of India (down 1.43%), HCL Technologies Ltd. (down 1.39%), Shriram Finance Ltd. (down 1.08%), JSW Steel Ltd. (down 1.06%) and Wipro Ltd. (down 1.01%) ended in the red.