Stock market update: Sugar stocks up as market rises

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

Dwarikesh Sugar Industries Ltd.(up 2.57%), Shree Renuka Sugars Ltd.(up 1.68%), Triveni Engineering & Industries Ltd.(up 1.60%), Uttam Sugar Mills Ltd.(up 1.53%), Kothari Sugars & Chemicals Ltd.(up 1.36%), Dhampur Sugar Mills Ltd.(up 1.31%), Rajshree Sugars & Chemicals Ltd.(up 1.22%), KCP Sugar & Industries Corporation Ltd.(up 1.19%), Avadh Sugar & Energy Ltd.(up 1.00%) and Bannari Amman Sugars Ltd.(up 0.75%) were among the top gainers.

Sakthi Sugars Ltd.(down 1.19%), Ugar Sugar Works Ltd.(down 0.97%), Balrampur Chini Mills Ltd.(down 0.86%), DCM Shriram Industries Ltd.(down 0.63%), Bajaj Hindusthan Sugar Ltd.(down 0.54%), Simbhaoli Sugars Ltd.(down 0.36%), EID Parry(India)Ltd.(down 0.28%) and Magadh Sugar & Energy Ltd.(down 0.01%) were among the top losers.


The NSE Nifty50 index was trading 26.0 points up at 24354.5, while the 30-share BSE Sensex was up 102.53 points at 80320.9 at around 11:05AM.

Bharat Electronics Ltd.(up 3.82%), Reliance Industries Ltd.(up 1.9%), Tech Mahindra Ltd.(up 1.72%), Britannia Industries Ltd.(up 1.44%), Bharat Petroleum Corporation Ltd.(up 1.23%), Larsen & Toubro Ltd.(up 1.18%), Tata Motors Ltd.(up 1.06%), Adani Ports & Special Economic Zone Ltd.(up 1.01%), IndusInd Bank Ltd.(up 0.73%) and Axis Bank Ltd.(up 0.73%) were among the top gainers in the Nifty pack.

On the other hand, UltraTech Cement Ltd.(down 1.78%), Eicher Motors Ltd.(down 1.53%), Power Grid Corporation of India Ltd.(down 1.3%), Dr. Reddy's Laboratories Ltd.(down 1.15%), Shriram Finance Ltd.(down 1.1%), Nestle India Ltd.(down 1.09%), Coal India Ltd.(down 1.01%), Grasim Industries Ltd.(down 0.91%), HDFC Bank Ltd.(down 0.88%) and Sun Pharmaceutical Industries Ltd.(down 0.82%) were trading in the red.