Stock market update: Sugar stocks up as market rises

NEW DELHI: Sugar stocks were trading higher on Monday at 10:40AM

Simbhaoli Sugars Ltd.(up 2.93%), Mawana Sugars Ltd.(up 1.68%), Kothari Sugars & Chemicals Ltd.(up 1.40%), Balrampur Chini Mills Ltd.(up 1.34%), Ponni Sugars(Erode)Ltd.(up 0.93%), Rajshree Sugars & Chemicals Ltd.(up 0.87%), Dalmia Bharat Sugar and Industries Ltd.(up 0.84%), Triveni Engineering & Industries Ltd.(up 0.84%), Bajaj Hindusthan Sugar Ltd.(up 0.84%) and Rana Sugars Ltd.(up 0.73%) were among the top gainers.

Uttam Sugar Mills Ltd.(down 1.67%), Dwarikesh Sugar Industries Ltd.(down 0.86%), Bannari Amman Sugars Ltd.(down 0.47%), Avadh Sugar & Energy Ltd.(down 0.17%), KM Sugar Mills Ltd.(down 0.14%), Ugar Sugar Works Ltd.(down 0.13%) and Dhampur Sugar Mills Ltd.(down 0.11%) were among the top losers.

The NSE Nifty50 index was trading 91.7 points up at 24944.85, while the 30-share BSE Sensex was up 309.2 points at 82030.28 at around 10:40AM.

Hindalco Industries Ltd.(up 2.13%), Mahindra & Mahindra Ltd.(up 1.97%), Tata Motors Ltd.(up 1.61%), Hero MotoCorp Ltd.(up 1.59%), Bajaj Auto Ltd.(up 1.54%), Nestle India Ltd.(up 1.37%), Bajaj Finserv Ltd.(up 1.16%), HCL Technologies Ltd.(up 1.12%), Larsen & Toubro Ltd.(up 0.99%) and Hindustan Unilever Ltd.(up 0.94%) were among the top gainers in the Nifty pack.

On the other hand, Eternal Ltd.(down 3.2%), Shriram Finance Ltd.(down 0.92%), Bharat Electronics Ltd.(down 0.81%), JSW Steel Ltd.(down 0.81%), UltraTech Cement Ltd.(down 0.54%), Kotak Mahindra Bank Ltd.(down 0.52%), SBI Life Insurance Company Ltd.(down 0.28%), Sun Pharmaceutical Industries Ltd.(down 0.12%), Cipla Ltd.(down 0.11%) and HDFC Bank Ltd.(down 0.06%) were trading in the red.