Stock market update: Sugar stocks up as market rises

NEW DELHI: Sugar stocks were trading higher on Thursday at 10:49AM

KM Sugar Mills Ltd.(up 6.64%), Simbhaoli Sugars Ltd.(up 4.78%), Sakthi Sugars Ltd.(up 2.80%), Kothari Sugars & Chemicals Ltd.(up 2.46%), Triveni Engineering & Industries Ltd.(up 2.12%), Shree Renuka Sugars Ltd.(up 1.59%), Dalmia Bharat Sugar and Industries Ltd.(up 1.51%), Dhampur Sugar Mills Ltd.(up 1.44%), Ugar Sugar Works Ltd.(up 1.40%) and Mawana Sugars Ltd.(up 1.36%) were among the top gainers.

Balrampur Chini Mills Ltd.(down 0.21%) and Rajshree Sugars & Chemicals Ltd.(down 0.16%) were among the top losers.

The NSE Nifty50 index was trading 9.9 points up at 22412.3, while the 30-share BSE Sensex was up 65.74 points at 73918.68 at around 10:49AM.

Axis Bank Ltd.(up 4.26%), State Bank of India(up 1.22%), Mahindra & Mahindra Ltd.(up 1.2%), ICICI Bank Ltd.(up 1.17%), Grasim Industries Ltd.(up 1.09%), Sun Pharmaceutical Industries Ltd.(up 1.08%), UPL Ltd.(up 0.99%), HCL Technologies Ltd.(up 0.89%), Hero MotoCorp Ltd.(up 0.78%) and Bajaj Auto Ltd.(up 0.75%) were among the top gainers in the Nifty pack.

On the other hand, Kotak Mahindra Bank Ltd.(down 10.02%), LTIMindtree Ltd.(down 2.04%), Tata Consumer Products Ltd.(down 2.04%), Hindustan Unilever Ltd.(down 1.69%), Bajaj Finance Ltd.(down 1.32%), Maruti Suzuki India Ltd.(down 1.21%), Apollo Hospitals Enterprise Ltd.(down 1.2%), Asian Paints Ltd.(down 1.05%), Britannia Industries Ltd.(down 1.03%) and HDFC Life Insurance Company Ltd.(down 0.96%) were trading in the red.