Back Dec 04, 2024

Stock market update: Sugar stocks up as market rises

NEW DELHI: Sugar stocks were trading higher on Wednesday at 10:09AM

Bannari Amman Sugars Ltd.(up 5.22%), EID Parry(India)Ltd.(up 2.15%), Sakthi Sugars Ltd.(up 0.95%), Uttam Sugar Mills Ltd.(up 0.85%), KM Sugar Mills Ltd.(up 0.82%), Vishwaraj Sugar Industries Ltd.(up 0.81%), Triveni Engineering & Industries Ltd.(up 0.77%), Kothari Sugars & Chemicals Ltd.(up 0.69%), Ponni Sugars(Erode)Ltd.(up 0.67%) and Magadh Sugar & Energy Ltd.(up 0.63%) were among the top gainers.

Balrampur Chini Mills Ltd.(down 3.15%), Simbhaoli Sugars Ltd.(down 2.13%), KCP Sugar & Industries Corporation Ltd.(down 1.33%) and Avadh Sugar & Energy Ltd.(down 0.58%) were among the top losers.

The NSE Nifty50 index was trading 100.25 points at 24557.4, while the 30-share BSE Sensex was up 378.35 points at 81224.1 at around 10:09AM.

SBI Life Insurance Company Ltd.(up 2.02%), HDFC Life Insurance Company Ltd.(up 1.98%), Tata Consultancy Services Ltd.(up 1.75%), Wipro Ltd.(up 1.74%), Bharat Petroleum Corporation Ltd.(up 1.7%), NTPC Ltd.(up 1.65%), Larsen & Toubro Ltd.(up 1.14%), HDFC Bank Ltd.(up 1.13%), Bharat Electronics Ltd.(up 0.98%) and Infosys Ltd.(up 0.94%) were among the top gainers in the Nifty pack.

On the other hand, Cipla Ltd.(down 1.06%), Bharti Airtel Ltd.(down 1.03%), Dr. Reddy's Laboratories Ltd.(down 0.81%), Adani Ports & Special Economic Zone Ltd.(down 0.59%), Adani Enterprises Ltd.(down 0.49%), Eicher Motors Ltd.(down 0.47%), Reliance Industries Ltd.(down 0.38%), Sun Pharmaceutical Industries Ltd.(down 0.33%), Maruti Suzuki India Ltd.(down 0.31%) and Tata Steel Ltd.(down 0.28%) were trading in the red.

Source: Economic Times

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