Stock market update: Sugar stocks up as market falls

NEW DELHI: Sugar stocks were trading higher on Friday at 10:41AM

KCP Sugar & Industries(up 3.59%), Dharani Sugars & Chemicals(up 3.41%),

Rajshree Sugars

& Chemicals(up 2.17%), Ponni Sugars(Erode)(up 2.03%),

Triveni Engineering

& Industries(up 1.38%), Vishwaraj Sugar Industries(up 1.26%), EID Parry(up 0.66%), Rana Sugars(up 0.43%), K.M.Sugar Mills(up 0.40%) and MAGADHSUGAR(up 0.40%) were among the top gainers.

DCM Shriram Industries(down 1.56%), Balrampur Chini Mills(down 1.42%), Ugar Sugar Works(down 1.41%), Dalmia Bharat Sugar & Industries(down 1.31%), Uttam Sugar Mills(down 1.25%), Shree Renuka Sugars(down 0.97%), Mawana Sugars(down 0.48%), Sakthi Sugars(down 0.47%) and Dwarikesh Sugar Industries(down 0.21%) were among the top losers.

The NSE Nifty50 index was trading 1.7 points up at 18485.8, while the 30-share BSE Sensex was down 23.86 points at 62248.82 at around 10:41AM.

Larsen & Toubro(up 1.7%), HDFC LIFE INSURANCE(up 1.3%), IndusInd Bank(up 1.23%), Coal India(up 1.23%), Axis Bank(up 1.17%), Tata Motors(up 1.11%), UltraTech Cement(up 1.03%), Mahindra & Mahindra(up 0.93%), Maruti Suzuki(up 0.89%) and Bharat Petroleum Corporation(up 0.87%) were among the top gainers in the Nifty pack.

On the other hand, TATA CONSUMER PRODUCTS(down 1.02%), Hindustan Unilever(down 0.93%), Nestle India(down 0.8%), Bharti Airtel(down 0.7%), Britannia Industries(down 0.7%), HDFC(down 0.67%), Asian Paints(down 0.65%), Bajaj Finance(down 0.62%), Tech Mahindra(down 0.58%) and ITC(down 0.57%) were trading in the red.

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