Stock market update: Sugar stocks down as market falls
Sugar stocks showed mixed performance on Thursday, with EID Parry, Simbhaoli Sugars, and Ponni Sugars among the top gainers, while Avadh Sugar, Triveni Engineering, and Balrampur Chini Mills were among the top losers. The NSE Nifty50 was down 26.85 points at 24,614.95, and the BSE Sensex dropped 15.62 points to 81,510.52. Tech stocks like Tech Mahindra, TCS, and Infosys led gains in the broader market.
NEW DELHI: Sugar stocks were trading lower on Thursday at 10:34AM EID Parry(India)Ltd.(up 1.31%), Simbhaoli Sugars Ltd.(up 0.80%), Ponni Sugars(Erode)Ltd.(up 0.40%) and Magadh Sugar & Energy Ltd.(up 0.37%) were among the top gainers.
Avadh Sugar & Energy Ltd.(down 1.63%), Triveni Engineering & Industries Ltd.(down 1.54%), DCM Shriram Industries Ltd.(down 1.54%), KCP Sugar & Industries Corporation Ltd.(down 1.43%), KM Sugar Mills Ltd.(down 1.34%), Shree Renuka Sugars Ltd.(down 1.22%), Bannari Amman Sugars Ltd.(down 1.17%), Balrampur Chini Mills Ltd.(down 0.92%), Sakthi Sugars Ltd.(down 0.92%) and Rajshree Sugars & Chemicals Ltd.(down 0.85%) were among the top losers. The NSE Nifty50 index was trading 26.85 points at 24614.95, while the 30-share BSE Sensex was down 15.62 points at 81510.52 at around 10:34AM. Tech Mahindra Ltd.(up 1.74%), Tata Consultancy Services Ltd.(up 0.92%), Infosys Ltd.(up 0.89%), Adani Enterprises Ltd.(up 0.89%), Bharti Airtel Ltd.(up 0.84%), Wipro Ltd.(up 0.8%), ICICI Bank Ltd.(up 0.74%), IndusInd Bank Ltd.(up 0.65%), HCL Technologies Ltd.(up 0.64%) and Adani Ports & Special Economic Zone Ltd.(up 0.59%) were among the top gainers in the Nifty pack.
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Source : Economic Times
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