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    Stock market update: Fertilisers stocks up as market rises

    Synopsis

    The 30-share BSE Sensex was up 45.52 points at 62456.2

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    Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs.
    NEW DELHI: Fertilisers stocks were trading higher on Thursday at 11:05AM

    Madras Fertlizers(up 5.02%), Fertilizers & Chemicals Tranvancore(up 4.62%), Bohra Industries(up 4.38%), Rama Phosphates(up 3.21%), G S F C(up 2.80%), Coromandel International(up 2.05%), Southern Petrochemicals Industries(up 1.71%), Nagarjuna Fertilizers & Chem(up 1.12%), Deepak Fertilizers & Petrochemicals(up 1.06%) and KRISHANA(up 0.94%) were among the top gainers.

    Sikko Industries(down 3.17%), Mangalore Chemicals & Fertilizers(down 0.94%), Khaitan Chemicals & Fertilizers(down 0.88%), Rashtriya Chemicals & Fertilizers(down 0.55%), ZUARIAGRO(down 0.18%) and Aries Agro(down 0.03%) were among the top losers.

    The NSE Nifty50 index was trading 12.5 points up at 18573.0, while the 30-share BSE Sensex was up 45.52 points at 62456.2 at around 11:05AM.

    Axis Bank(up 1.79%), Eicher Motors(up 1.39%), Larsen & Toubro(up 1.25%), IndusInd Bank(up 1.23%), Mahindra & Mahindra(up 0.96%), Adani Ports & Special Economic Zone(up 0.92%), Adani Enterprises(up 0.84%), ICICI Bank(up 0.63%), State Bank of India(up 0.54%) and UltraTech Cement(up 0.53%) were among the top gainers in the Nifty pack.

    On the other hand, Sun Pharmaceutical Industries(down 2.73%), Power Grid Corporation of India(down 1.29%), Kotak Mahindra Bank(down 1.22%), HDFC LIFE INSURANCE(down 1.18%), Tata Consultancy(down 0.78%), Divis Laboratories(down 0.77%), SBI Life(down 0.75%), Tech Mahindra(down 0.63%), HCL Technologies(down 0.62%) and Apollo Hospitals Enterprises(down 0.59%) were trading in the red.



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