Stock market update: Sugar stocks up as market rises

NEW DELHI: Sugar stocks were trading higher on Tuesday at 11:00AM

Sakthi Sugars Ltd.(up 6.99%), Magadh Sugar & Energy Ltd.(up 5.19%), KCP Sugar & Industries Corporation Ltd.(up 5.17%), Simbhaoli Sugars Ltd.(up 4.63%), Triveni Engineering & Industries Ltd.(up 3.24%), Rajshree Sugars & Chemicals Ltd.(up 3.12%), Bannari Amman Sugars Ltd.(up 3.10%), Bajaj Hindusthan Sugar Ltd.(up 2.99%), Shree Renuka Sugars Ltd.(up 2.88%) and Avadh Sugar & Energy Ltd.(up 2.74%) were among the top gainers.

were among the top losers.

The NSE Nifty50 index was trading 65.86 points up at 23603.7, while the 30-share BSE Sensex was up 259.64 points at 77600.72 at around 11:00AM.

UltraTech Cement Ltd.(up 1.81%), Axis Bank Ltd.(up 1.8%), HDFC Bank Ltd.(up 1.52%), Divi’s Laboratories Ltd.(up 1.45%), Britannia Industries Ltd.(up 1.26%), Hindalco Industries Ltd.(up 1.12%), State Bank of India(up 0.7%), Wipro Ltd.(up 0.63%), Apollo Hospitals Enterprise Ltd.(up 0.6%) and ICICI Bank Ltd.(up 0.54%) were among the top gainers in the Nifty pack.

On the other hand, Bharat Petroleum Corporation Ltd.(down 1.22%), SBI Life Insurance Company Ltd.(down 1.1%), Oil And Natural Gas Corporation Ltd.(down 1.01%), Adani Ports & Special Economic Zone Ltd.(down 0.98%), NTPC Ltd.(down 0.9%), Adani Enterprises Ltd.(down 0.83%), Bajaj Finance Ltd.(down 0.79%), Bajaj Finserv Ltd.(down 0.68%), Tata Motors Ltd.(down 0.65%) and Eicher Motors Ltd.(down 0.56%) were trading in the red.