Stock market update: Sugar stocks up as Sensex surges
Sugar stocks surged on Tuesday morning, with Ugar Sugar Works Ltd. gaining 5.55%, followed by EID Parry (5.37%) and KM Sugar Mills (3.78%). Simbhaoli Sugars Ltd. was the sole loser, down 0.19%. Meanwhile, NSE Nifty50 rose 249.61 points to 23,703.4, and BSE Sensex climbed 816.17 points to 78,155.18, driven by gains in Mahindra & Mahindra and Adani Ports.
NEW DELHI: Sugar stocks were trading higher on Tuesday at 10:14AM
Ugar Sugar Works Ltd.(up 5.55%), EID Parry(India)Ltd.(up 5.37%), KM Sugar Mills Ltd.(up 3.78%), Sakthi Sugars Ltd.(up 3.63%), Triveni Engineering & Industries Ltd.(up 3.26%), Magadh Sugar & Energy Ltd.(up 3.09%), Bajaj Hindusthan Sugar Ltd.(up 3.06%), Uttam Sugar Mills Ltd.(up 2.94%), Avadh Sugar & Energy Ltd.(up 2.94%) and Ponni Sugars(Erode)Ltd.(up 2.75%) were among the top gainers.
Simbhaoli Sugars Ltd.(down 0.19%) were among the top losers.
The NSE Nifty50 index was trading 249.61 points up at 23703.4, while the 30-share BSE Sensex was up 816.17 points at 78155.18 at around 10:14AM.
Mahindra & Mahindra Ltd.(up 3.59%), Adani Ports & Special Economic Zone Ltd.(up 2.94%), Tech Mahindra Ltd.(up 2.66%), Bharat Petroleum Corporation Ltd.(up 2.6%), Tata Motors Ltd.(up 2.47%), Adani Enterprises Ltd.(up 2.14%), Wipro Ltd.(up 1.96%), Eicher Motors Ltd.(up 1.93%), Tata Consultancy Services Ltd.(up 1.88%) and IndusInd Bank Ltd.(up 1.87%) were among the top gainers in the Nifty pack.
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Source Link : Economic Times
