Stock market update: Sugar stocks up as market falls
As of 11:25 AM on Wednesday, sugar stocks showed notable gains, with Vishwaraj Sugar Industries Ltd. leading at a 6.95% increase. Other top gainers include Dalmia Bharat Sugar (up 4.29%), Shree Renuka Sugars (up 3.64%), and Dhampur Sugar Mills (up 3.34%). On the other hand, DCM Shriram Industries Ltd. (down 1.84%) and Balrampur Chini Mills Ltd. (down 0.44%) were among the top losers. Meanwhile, the NSE Nifty50 index fell by 22.41 points, and the BSE Sensex was down 16.97 points.
DELHI: Sugar stocks were trading higher on Wednesday at 11:25AM Vishwaraj Sugar Industries Ltd.(up 6.95%), Dalmia Bharat Sugar and Industries Ltd.(up 4.29%), Shree Renuka Sugars Ltd.(up 3.64%), Avadh Sugar & Energy Ltd.(up 3.64%), Dhampur Sugar Mills Ltd.(up 3.34%), Mawana Sugars Ltd.(up 2.84%), KM Sugar Mills Ltd.(up 2.82%), Ugar Sugar Works Ltd.(up 2.44%), Dwarikesh Sugar Industries Ltd.(up 2.43%) and Bajaj Hindusthan Sugar Ltd.(up 2.10%) were among the top gainers.
DCM Shriram Industries Ltd.(down 1.84%) and Balrampur Chini Mills Ltd.(down 0.44%) were among the top losers. The NSE Nifty50 index was trading 22.41 points down at 25918.0, while the 30-share BSE Sensex was down 16.97 points at 84897.07 at around 11:25AM. Power Grid Corporation of India Ltd.(up 3.38%), Divi’s Laboratories Ltd.(up 1.27%), Axis Bank Ltd.(up 1.12%), HDFC Bank Ltd.(up 0.7%), Bajaj Finance Ltd.(up 0.55%), ICICI Bank Ltd.(up 0.54%), Mahindra & Mahindra Ltd.(up 0.51%), Eicher Motors Ltd.(up 0.31%), Larsen & Toubro Ltd.(up 0.29%) and NTPC Ltd.(up 0.29%) were among the top gainers in the Nifty pack.