Stock market update: Sugar stocks down as market falls

NEW DELHI: Sugar shares closed lower in the Friday's session.

Dharani Sugars & Chemicals(up 1.35%), MAGADHSUGAR(up 1.17%), Simbhaoli Sugars(up 0.81%) and Ugar Sugar Works(up 0.20%) stood among the top gainers.

Rajshree Sugars & Chemicals(down 2.35%), KCP Sugar & Industries(down 1.86%), Dhampur Sugar Mills(down 1.77%), Uttam Sugar Mills(down 1.69%), Kothari Sugars & Chemicals(down 1.53%), Mawana Sugars(down 1.42%), Dalmia Bharat Sugar & Industries(down 1.20%), Triveni Engineering & Industries(down 1.19%), AVADHSUGAR(down 1.13%) and Ponni Sugars(Erode)(down 1.05%) were among the top losers of the day.

The NSE Nifty50 index ended 80.2 points down at 18027.65, while the 30-share BSE Sensex closed down 236.66 points at 60621.77.

Coal India(up 1.36%), Power Grid Corporation of India(up 1.13%), HDFC Bank(up 1.02%), HDFC(up 0.9%), ITC(up 0.74%), Tata Motors(up 0.6%), ICICI Bank(up 0.48%), Dr Reddys Laboratories(up 0.42%), State Bank of India(up 0.4%) and Axis Bank(up 0.2%) stood among the top gainers in the Nifty pack.

On the other hand, Hindustan Unilever(down 3.81%), Asian Paints(down 2.73%), Bajaj Finance(down 2.53%), JSW Steel(down 2.45%), Nestle India(down 2.44%), HDFC LIFE INSURANCE(down 2.43%), SBI Life(down 2.04%), Hindalco Industries(down 1.79%), Bajaj Finserv(down 1.62%) and UPL Ltd(down 1.3%) closed in the red.