Stock market update: Sugar stocks down as market rises

NEW DELHI: Sugar stocks were trading lower on Thursday at 09:59AM

Bannari Amman Sugars(up 0.46%), Rana Sugars(up 0.40%) and EID Parry(up 0.12%) were among the top gainers.

Simbhaoli Sugars(down 4.89%), Triveni Engineering & Industries(down 4.86%), Sakthi Sugars(down 4.81%), BAJAJHIND(down 4.47%), Ugar Sugar Works(down 3.92%), Dharani Sugars & Chemicals(down 3.47%), Shree Renuka Sugars(down 3.28%), Rajshree Sugars & Chemicals(down 2.82%), Kothari Sugars & Chemicals(down 2.82%) and Dhampur Sugar Mills(down 2.61%) were among the top losers.

The NSE Nifty50 index was trading 43.3 points up at 18242.4, while the 30-share BSE Sensex was up 154.0 points at 61221.24 at around 09:59AM.

Sun Pharmaceutical Industries(up 2.13%), Infosys(up 1.29%), Apollo Hospitals Enterprises(up 0.99%), Cipla(up 0.91%), Kotak Mahindra Bank(up 0.85%), HCL Technologies(up 0.83%), Grasim Industries(up 0.79%), Adani Ports & Special Economic Zone(up 0.67%), Bharti Airtel(up 0.64%) and Bajaj Finance(up 0.56%) were among the top gainers in the Nifty pack.

On the other hand, Bharat Petroleum Corporation(down 1.11%), UPL Ltd(down 1.04%), Bajaj Finserv(down 0.98%), Axis Bank(down 0.93%), Divis Laboratories(down 0.87%), Tata Motors(down 0.84%), Coal India(down 0.83%), Hindalco Industries(down 0.65%), Mahindra & Mahindra(down 0.64%) and IndusInd Bank(down 0.63%) were trading in the red.