Stock market update: Sugar stocks up as market rises

NEW DELHI: Sugar stocks were trading higher on Friday at 10:34AM

MAGADHSUGAR(up 7.70%), Uttam Sugar Mills(up 4.54%), Dalmia Bharat Sugar & Industries(up 4.32%),

& Chemicals(up 3.18%), Balrampur Chini Mills(up 2.89%), Ponni Sugars(Erode)(up 2.74%), DCM Shriram Industries(up 2.51%), K.M.Sugar Mills(up 2.40%), & Chemicals(up 2.13%) and Rana Sugars(up 2.07%) were among the top gainers.

KCP Sugar & Industries(down 0.40%) and Ugar Sugar Works(down 0.20%) were among the top losers.

The NSE Nifty50 index was trading 82.25 points up at 16252.4, while the 30-share BSE Sensex was up 269.56 points at 54522.09 at around 10:34AM.

Bajaj Finance(up 3.44%), HDFC LIFE INSURANCE(up 2.84%), Bajaj Finserv(up 2.25%), Tech Mahindra(up 2.13%), IndusInd Bank(up 1.99%), HCL Technologies(up 1.96%), Tata Motors(up 1.9%), Hero MotoCorp(up 1.46%), Kotak Mahindra Bank(up 1.34%) and Infosys(up 1.34%) were among the top gainers in the Nifty pack.

On the other hand, Oil & Natural Gas Corporation(down 4.51%), NTPC(down 1.65%), Britannia Industries(down 1.35%), Asian Paints(down 1.33%), Power Grid Corporation of India(down 1.28%), Reliance Industries(down 1.04%), Nestle India(down 0.86%), Bharti Airtel(down 0.77%), Enterprises(down 0.73%) and Tata Steel(down 0.5%) were trading in the red.

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