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Stock market update: Sugar stocks down as market rises

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NEW DELHI: Sugar stocks were trading lower on Friday at 11:26AM

Bannari Amman Sugars(up 2.77%), Balrampur Chini Mills(up 1.16%), Ugar Sugar Works(up 1.13%),

& Industries(up 1.09%), Ponni Sugars(Erode)(up 0.93%), Shree Renuka Sugars(up 0.82%), Dalmia Bharat Sugar & Industries(up 0.52%), Kothari Sugars & Chemicals(up 0.43%), Dwarikesh Sugar Industries(up 0.30%) and EID Parry(up 0.16%) were among the top gainers.

Simbhaoli Sugars(down 4.94%), BAJAJHIND(down 3.29%), Dhampur Sugar Mills(down 2.21%), K.M.Sugar Mills(down 1.85%), Sakthi Sugars(down 0.91%), Dharani Sugars & Chemicals(down 0.90%), Rajshree Sugars & Chemicals(down 0.83%), MAGADHSUGAR(down 0.71%), Uttam Sugar Mills(down 0.57%) and Rana Sugars(down 0.38%) were among the top losers.

The NSE Nifty50 index was trading 152.0 points up at 17081.6, while the 30-share BSE Sensex was up 460.6 points at 57318.39 at around 11:26AM.

SBI Life(up 8.78%), Tata Steel(up 7.47%), Hindalco Industries(up 3.98%), JSW Steel(up 2.64%), Oil & Natural Gas Corporation(up 2.46%), Bajaj Finserv(up 2.34%), NTPC(up 2.06%), Infosys(up 2.05%), Tech Mahindra(up 1.98%) and Grasim Industries(up 1.79%) were among the top gainers in the Nifty pack.

On the other hand, Dr Reddys Laboratories(down 3.6%), Sun Pharmaceutical Industries(down 1.66%), Cipla(down 0.99%), Hindustan Unilever(down 0.48%), State Bank of India(down 0.46%), ITC(down 0.43%), Shree Cement(down 0.41%), ICICI Bank(down 0.38%), Divis Laboratories(down 0.22%) and Power Grid Corporation of India(down 0.14%) were trading in the red.