Stock market update: Sugar stocks up as market rises

NEW DELHI: Sugar stocks were trading higher on Tuesday at 10:04AM

Ponni Sugars(Erode)(up 3.64%), Ugar Sugar Works(up 1.75%), Sakthi Sugars(up 1.53%), Uttam Sugar Mills(up 1.28%), AVADHSUGAR(up 1.28%), Kothari Sugars & Chemicals(up 1.19%), K.M.Sugar Mills(up 0.71%), Rana Sugars(up 0.65%), Triveni Engineering & Industries(up 0.57%) and Simbhaoli Sugars(up 0.43%) were among the top gainers.

Dharani Sugars & Chemicals(down 3.33%), Rajshree Sugars & Chemicals(down 2.10%), EID Parry(down 1.04%), Vishwaraj Sugar Industries(down 0.58%), Balrampur Chini Mills(down 0.54%), Dhampur Sugar Mills(down 0.50%), Shree Renuka Sugars(down 0.43%), Bannari Amman Sugars(down 0.26%) and MAGADHSUGAR(down 0.07%) were among the top losers.

The NSE Nifty50 index was trading 17.25 points up at 18514.4, while the 30-share BSE Sensex was up 93.63 points at 62224.2 at around 10:04AM.

Mahindra & Mahindra(up 1.55%), Hero MotoCorp(up 1.09%), Axis Bank(up 1.06%), IndusInd Bank(up 1.04%), Tata Motors(up 0.98%), HCL Technologies(up 0.81%), Bajaj Finance(up 0.7%), Oil & Natural Gas Corporation(up 0.67%), UltraTech Cement(up 0.57%) and HDFC Bank(up 0.56%) were among the top gainers in the Nifty pack.

On the other hand, UPL Ltd(down 0.94%), Apollo Hospitals Enterprises(down 0.93%), Titan Company Ltd(down 0.64%), Bharti Airtel(down 0.56%), Asian Paints(down 0.53%), Cipla(down 0.51%), Bharat Petroleum Corporation(down 0.5%), Sun Pharmaceutical Industries(down 0.46%), Larsen & Toubro(down 0.42%) and JSW Steel(down 0.28%) were trading in the red.