Stock market update: Sugar stocks up as market rises

NEW DELHI: Sugar stocks were trading higher on Tuesday at 10:29AM

Balrampur Chini Mills Ltd.(up 1.11%), Magadh Sugar & Energy Ltd.(up 0.89%), Ugar Sugar Works Ltd.(up 0.88%), Rajshree Sugars & Chemicals Ltd.(up 0.80%), Dalmia Bharat Sugar and Industries Ltd.(up 0.76%), Vishwaraj Sugar Industries Ltd.(up 0.62%), DCM Shriram Industries Ltd.(up 0.61%), Dhampur Sugar Mills Ltd.(up 0.58%), KCP Sugar & Industries Corporation Ltd.(up 0.52%) and EID Parry(India)Ltd.(up 0.49%) were among the top gainers.

KM Sugar Mills Ltd.(down 6.58%), Triveni Engineering & Industries Ltd.(down 1.37%), Uttam Sugar Mills Ltd.(down 0.90%), Simbhaoli Sugars Ltd.(down 0.52%), Bannari Amman Sugars Ltd.(down 0.40%) and Kothari Sugars & Chemicals Ltd.(down 0.26%) were among the top losers.

The NSE Nifty50 index was trading 66.15 points up at 22402.55, while the 30-share BSE Sensex was up 242.46 points at 73891.08 at around 10:29AM.

Bharti Airtel Ltd.(up 2.05%), HCL Technologies Ltd.(up 1.43%), Titan Company Ltd.(up 1.27%), Adani Ports & Special Economic Zone Ltd.(up 1.15%), Tata Motors Ltd.(up 1.11%), Grasim Industries Ltd.(up 0.97%), NTPC Ltd.(up 0.89%), JSW Steel Ltd.(up 0.8%), State Bank of India(up 0.78%) and ITC Ltd.(up 0.78%) were among the top gainers in the Nifty pack.

On the other hand, Hindalco Industries Ltd.(down 0.76%), Tata Consumer Products Ltd.(down 0.57%), Power Grid Corporation of India Ltd.(down 0.52%), Larsen & Toubro Ltd.(down 0.37%), ICICI Bank Ltd.(down 0.28%), Bharat Petroleum Corporation Ltd.(down 0.25%), Hero MotoCorp Ltd.(down 0.25%), Coal India Ltd.(down 0.23%), HDFC Life Insurance Company Ltd.(down 0.23%) and Tech Mahindra Ltd.(down 0.17%) were trading in the red.