Stock market update: Sugar stocks down as market falls

NEW DELHI: Sugar stocks were trading lower on Thursday at 11:27AM

Dharani Sugars & Chemicals(up 2.54%), KCP Sugar & Industries(up 1.64%), MAGADHSUGAR(up 0.48%), Triveni Engineering & Industries(up 0.36%), DCM Shriram Industries(up 0.27%), Sakthi Sugars(up 0.20%), Rajshree Sugars & Chemicals(up 0.09%) and Dalmia Bharat Sugar & Industries(up 0.08%) were among the top gainers.

Uttam Sugar Mills(down 1.72%), Ponni Sugars(Erode)(down 1.28%), Dhampur Sugar Mills(down 1.17%), EID Parry(down 1.05%), Rana Sugars(down 0.96%), BAJAJHIND(down 0.91%), Mawana Sugars(down 0.76%), Simbhaoli Sugars(down 0.75%), Dwarikesh Sugar Industries(down 0.73%) and Ugar Sugar Works(down 0.72%) were among the top losers.

The NSE Nifty50 index was trading 19.0 points down at 18023.95, while the 30-share BSE Sensex was down 147.97 points at 60509.48 at around 11:27AM.

Britannia Industries(up 2.75%), HDFC LIFE INSURANCE(up 1.8%), Bajaj Auto(up 1.75%), TATA CONSUMER PRODUCTS(up 1.73%), JSW Steel(up 1.67%), Hero MotoCorp(up 1.35%), ITC(up 1.31%), Bharat Petroleum Corporation(up 1.28%), Hindustan Unilever(up 1.16%) and HCL Technologies(up 1.16%) were among the top gainers in the Nifty pack.

On the other hand, Bajaj Finance(down 6.77%), Bajaj Finserv(down 4.64%), Apollo Hospitals Enterprises(down 1.5%), ICICI Bank(down 1.45%), Power Grid Corporation of India(down 1.23%), IndusInd Bank(down 0.75%), Titan Company Ltd(down 0.48%), Axis Bank(down 0.46%), HDFC Bank(down 0.44%) and Adani Enterprises(down 0.32%) were trading in the red.