Stock market update: Sugar stocks down as market rises

Stock market update: Sugar stocks down as market rises

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Synopsis

The 30-share BSE Sensex was up 108.87 points at 57915.36

Analysts see 15,900 to continue to pose as the immediate resistance.

NEW DELHI: Sugar stocks were trading lower on Thursday at 10:55AM

Simbhaoli Sugars(up 3.04%), Vishwaraj Sugar Industries(up 2.22%), Dwarikesh Sugar Industries(up 1.46%), Shree Renuka Sugars(up 1.31%), Bannari Amman Sugars(up 1.12%), DCM Shriram Industries(up 0.95%), EID Parry(up 0.71%), Ponni Sugars(Erode)(up 0.39%), Triveni Engineering & Industries(up 0.38%) and Balrampur Chini Mills(up 0.37%) were among the top gainers.

Rajshree Sugars & Chemicals(down 2.29%), KCP Sugar & Industries(down 1.81%), Rana Sugars(down 1.38%), Dalmia Bharat Sugar & Industries(down 1.28%), Uttam Sugar Mills(down 1.22%), AVADHSUGAR(down 1.15%), Dharani Sugars & Chemicals(down 1.08%), BAJAJHIND(down 0.67%), Ugar Sugar Works(down 0.65%) and MAGADHSUGAR(down 0.61%) were among the top losers.

The NSE Nifty50 index was trading 24.65 points up at 17238.25, while the 30-share BSE Sensex was up 108.87 points at 57915.36 at around 10:55AM.

Wipro(up 1.79%), NTPC(up 1.71%), Tech Mahindra(up 1.47%), HCL Technologies(up 1.29%), Bharti Airtel(up 1.23%), SBI Life(up 1.04%), Dr Reddys Laboratories(up 0.97%), Cipla(up 0.9%), TATA CONSUMER PRODUCTS(up 0.74%) and Nestle India(up 0.72%) were among the top gainers in the Nifty pack.

On the other hand, Bajaj Auto(down 1.87%), Bajaj Finserv(down 1.21%), Bharat Petroleum Corporation(down 1.0%), Coal India(down 0.99%), Indian Oil Corporation(down 0.99%), Tata Motors(down 0.77%), State Bank of India(down 0.68%), Kotak Mahindra Bank(down 0.55%), Reliance Industries(down 0.43%) and Maruti Suzuki(down 0.38%) were trading in the red.

(What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

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SynopsisThe 30-share BSE Sensex was up 108.87 points at 57915.36Analysts see 15,900 to continue to pose as the immediate resistance. NEW DELHI: Sugar stocks were trading lower on Thursday at 10:55AM Simbhaoli Sugars(up 3.04%), Vishwaraj Sugar Industries(up 2.22%), Dwarikesh Sugar Industries(up 1.46%), Shree Renuka Sugars(up 1.31%), Bannari Amman Sugars(up 1.12%), DCM Shriram Industries(up 0.95%), EID Parry(up 0.71%), Ponni Sugars(Erode)(up 0.39%), Triveni Engineering & Industries(up 0.38%) and Balrampur Chini Mills(up 0.37%) were among the top gainers. Rajshree Sugars & Chemicals(down 2.29%), KCP Sugar & Industries(down 1.81%), Rana Sugars(down 1.38%), Dalmia Bharat Sugar & Industries(down 1.28%), Uttam Sugar Mills(down 1.22%), AVADHSUGAR(down 1.15%), Dharani Sugars & Chemicals(down 1.08%), BAJAJHIND(down 0.67%), Ugar Sugar Works(down 0.65%) and MAGADHSUGAR(down 0.61%) were among the top losers. The NSE Nifty50 index was trading 24.65 points up at 17238.25, while the 30-share BSE Sensex was up 108.87 points at 57915.36 at around 10:55AM. Wipro(up 1.79%), NTPC(up 1.71%), Tech Mahindra(up 1.47%), HCL Technologies(up 1.29%), Bharti Airtel(up 1.23%), SBI Life(up 1.04%), Dr Reddys Laboratories(up 0.97%), Cipla(up 0.9%), TATA CONSUMER PRODUCTS(up 0.74%) and Nestle India(up 0.72%) were among the top gainers in the Nifty pack. On the other hand, Bajaj Auto(down 1.87%), Bajaj Finserv(down 1.21%), Bharat Petroleum Corporation(down 1.0%), Coal India(down 0.99%), Indian Oil Corporation(down 0.99%), Tata Motors(down 0.77%), State Bank of India(down 0.68%), Kotak Mahindra Bank(down 0.55%), Reliance Industries(down 0.43%) and Maruti Suzuki(down 0.38%) were trading in the red.(What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.) Download The Economic Times News App to get Daily Market Updates & Live Business News….morelessPick the best stocks for yourself Powered by 4 mins read7 mins read3 mins read4 mins read7 mins read2 mins read5 mins read3 mins read

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