Stock market update: Sugar stocks up as market rises

NEW DELHI: Sugar stocks were trading higher on Monday at 11:09AM

Bajaj Hindusthan Sugar Ltd.(up 4.88%), Simbhaoli Sugars Ltd.(up 3.21%), Kothari Sugars & Chemicals Ltd.(up 3.16%), Rajshree Sugars & Chemicals Ltd.(up 2.69%), Balrampur Chini Mills Ltd.(up 2.40%), Avadh Sugar & Energy Ltd.(up 2.22%), DCM Shriram Industries Ltd.(up 1.68%), Shree Renuka Sugars Ltd.(up 1.63%), Magadh Sugar & Energy Ltd.(up 1.58%) and Dalmia Bharat Sugar and Industries Ltd.(up 1.56%) were among the top gainers.

Bannari Amman Sugars Ltd.(down 1.11%), Mawana Sugars Ltd.(down 0.30%) and Dhampur Sugar Mills Ltd.(down 0.21%) were among the top losers.

The NSE Nifty50 index was trading 629.35 points up at 23160.05, while the 30-share BSE Sensex was up 2067.49 points at 76028.8 at around 11:09AM.

Power Grid Corporation of India Ltd.(up 10.41%), Adani Ports & Special Economic Zone Ltd.(up 9.84%), NTPC Ltd.(up 8.5%), Bharat Petroleum Corporation Ltd.(up 7.09%), Shriram Finance Ltd.(up 6.74%), State Bank of India(up 6.54%), Adani Enterprises Ltd.(up 6.5%), Larsen & Toubro Ltd.(up 6.02%), Axis Bank Ltd.(up 5.3%) and Oil And Natural Gas Corporation Ltd.(up 5.23%) were among the top gainers in the Nifty pack.

On the other hand, Eicher Motors Ltd.(down 1.45%), LTIMindtree Ltd.(down 0.68%), HDFC Life Insurance Company Ltd.(down 0.31%), Dr. Reddy’s Laboratories Ltd.(down 0.05%) and Infosys Ltd.(down 0.03%) were trading in the red.