Stock market update: Sugar stocks down as market falls

NEW DELHI: Sugar shares closed lower in the Friday’s session.

Dharani Sugars & Chemicals(up 1.66%) and DCM Shriram Industries(up 0.79%) stood among the top gainers.

Dhampur Sugar Mills(down 5.24%), Uttam Sugar Mills(down 4.41%), Rana Sugars(down 3.54%), Shree Renuka Sugars(down 3.52%), Rajshree Sugars & Chemicals(down 3.49%), Ponni Sugars(Erode)(down 3.26%), Dwarikesh Sugar Industries(down 3.09%), Ugar Sugar Works(down 2.96%), EID Parry(down 2.91%) and BAJAJHIND(down 2.75%) were among the top losers of the day.



The NSE Nifty50 index ended 43.7 points down at 16584.3, while the 30-share BSE Sensex closed down 48.88 points at 55769.23.

Reliance Industries(up 2.03%), Larsen & Toubro(up 0.91%), Infosys(up 0.91%), Sun Pharmaceutical Industries(up 0.65%), Tata Consultancy(up 0.5%), HCL Technologies(up 0.32%), Hindustan Unilever(up 0.31%), Wipro(up 0.28%), Power Grid Corporation of India(up 0.2%) and Tech Mahindra(up 0.17%) stood among the top gainers in the Nifty pack.

On the other hand, Grasim Industries(down 6.5%), UltraTech Cement(down 5.48%), Shree Cement(down 4.61%), Hero MotoCorp(down 2.98%), Maruti Suzuki(down 2.78%), Cipla(down 2.65%), NTPC(down 2.55%), Axis Bank(down 2.06%), IndusInd Bank(down 1.98%) and JSW Steel(down 1.91%) closed in the red.

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