Sugar Stocks: Stock market update: Sugar stocks up as market falls

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

MAGADHSUGAR (up 19.62%), Uttam Sugar Mills (up 11.44%), Mawana Sugars (up 9.79%), Ugar Sugar Works (up 4.96%), Simbhaoli Sugars (up 4.83%), KMSugar Mills (up 4.79%), Rana Sugars (up 4.55%), Sakthi Sugars (up 3.61%), Ponni Sugars (Erode) (up 3.20%) and Shree Renuka Sugars (up 3.13%) stood among the top gainers.

Vishwaraj Sugar Industries (down 0.69%) were among the top losers of the day.

The NSE Nifty50 index ended 302.0 points down at 17173.65, while the 30-share BSE Sensex closed down 1172.19 points at 57166.74.

NTPC (up 6.01%), SBI Life (up 2.31%), HDFC LIFE INSURANCE (up 1.67%), Coal India (up 1.53%), Tata Steel (up 1.49%), Maruti Suzuki (up 1.39%), Titan Company Ltd (up 1.3%), Hindustan Unilever (up 1.18%), Cipla (up 1.11%) and Nestle India (up 0.97%) stood among the top gainers in the Nifty pack.

On the other hand, Infosys (down 7.27%), HDFC (down 4.83%), HDFC Bank (down 4.74%), Tech Mahindra (down 4.67%), Apollo Hospitals Enterprises (down 4.0%), Wipro (down 3.68%) , Tata Consultancy (down 3.66%), HCL Technologies (down 2.08%), Asian Paints (down 1.92%) and Bharat Petroleum Corporation (down 1.91%) closed in the red.

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