Stock market update: Sugar stocks up as market falls

NEW DELHI: Sugar stocks were trading higher on Friday at 11:05AM

Rajshree Sugars & Chemicals(up 19.98%), Simbhaoli Sugars(up 19.96%), Sakthi Sugars(up 14.61%), KCP Sugar & Industries(up 10.22%), BAJAJHIND(up 9.94%), Ugar Sugar Works(up 8.24%), Rana Sugars(up 6.99%), K.M.Sugar Mills(up 6.90%), Vishwaraj Sugar Industries(up 5.83%) and Mawana Sugars(up 4.90%) were among the top gainers.

Triveni Engineering & Industries(down 0.73%) were among the top losers.

The NSE Nifty50 index was trading 131.25 points down at 18283.65, while the 30-share BSE Sensex was down 411.43 points at 61387.6 at around 11:05AM.

Hindustan Unilever(up 0.28%), Reliance Industries(up 0.22%), Oil & Natural Gas Corporation(up 0.2%), Tech Mahindra(up 0.15%) and Cipla(up 0.08%) were among the top gainers in the Nifty pack.

On the other hand, Mahindra & Mahindra(down 2.05%), ITC(down 2.02%), Bharat Petroleum Corporation(down 1.99%), Hero MotoCorp(down 1.8%), Grasim Industries(down 1.71%), Hindalco Industries(down 1.56%), Adani Enterprises(down 1.55%), Bajaj Auto(down 1.54%), Maruti Suzuki(down 1.41%) and UPL Ltd(down 1.34%) were trading in the red.