Stock market update: Sugar stocks down as market rises

NEW DELHI: Sugar shares closed higher in the Wednesday’s session.

Ugar Sugar Works(up 4.65%), DCM Shriram Industries(up 2.23%), Rajshree Sugars & Chemicals(up 1.61%), Dharani Sugars & Chemicals(up 0.89%), Bannari Amman Sugars(up 0.87%), Ponni Sugars(Erode)(up 0.72%) and Balrampur Chini Mills(up 0.45%) stood among the top gainers.

Kesar Enterprise(down 3.92%), Simbhaoli Sugars(down 3.38%), BAJAJHIND(down 3.11%), Sakthi Sugars(down 2.11%), Dwarikesh Sugar Industries(down 1.74%), MAGADHSUGAR(down 1.35%), Vishwaraj Sugar Industries(down 1.14%),

& Industries(down 1.07%), Dhampur Sugar Mills(down 0.94%) and KCP Sugar & Industries(down 0.89%) were among the top losers of the day.

The NSE Nifty50 index ended 157.95 points up at 16641.8, while the 30-share BSE Sensex closed up 547.83 points at 55816.32.

Sun Pharmaceutical Industries(up 3.04%), State Bank of India(up 2.72%), Divis Laboratories(up 2.7%), Larsen & Toubro(up 2.59%), Asian Paints(up 2.49%), Tata Consultancy(up 2.34%), UltraTech Cement(up 2.12%), Bajaj Finance(up 2.11%), Grasim Industries(up 2.11%) and Bharat Petroleum Corporation(up 1.93%) stood among the top gainers in the Nifty pack.

On the other hand, Bharti Airtel(down 1.34%), Bajaj Auto(down 1.06%), UPL Ltd(down 0.65%), Hero MotoCorp(down 0.65%), Kotak Mahindra Bank(down 0.43%), HDFC LIFE INSURANCE(down 0.25%), NTPC(down 0.2%), Reliance Industries(down 0.09%) and Bajaj Finserv(down 0.04%) closed in the red.

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