Stock market update: Fertilisers stocks up as market rises

NEW DELHI: Fertilisers stocks were trading higher on Tuesday at 10:29AM

Aries Agro Ltd.(up 2.97%), Zuari Agro Chemicals Ltd.(up 2.40%), Krishana Phoschem Ltd.(up 1.99%), Gujarat Narmada Valley Fertilizers & Chemicals Ltd.(up 1.92%), Coromandel International Ltd.(up 1.55%), Mangalore Chemicals & Fertilizers Ltd.(up 1.26%), Southern Petrochemicals Industries Corporation Ltd.(up 1.20%), Agro Phos India Ltd.(up 1.00%), Madhya Bharat Agro Products Ltd.(up 0.87%) and Rama Phosphates Ltd.(up 0.84%) were among the top gainers.

Nagarjuna Fertilizers and Chemicals Ltd.(down 3.56%), The Fertilisers and Chemicals Travancore Ltd.(down 2.51%), Sikko Industries Ltd.(down 2.08%), Rashtriya Chemicals & Fertilizers Ltd.(down 2.07%), National Fertilizers Ltd.(down 2.00%), Paradeep Phosphates Ltd.(down 1.75%), Gujarat State Fertilizer & Chemicals Ltd.(down 1.07%) and Madras Fertilizers Ltd.(down 0.56%) were among the top losers.

The NSE Nifty50 index was trading 58.55 points up at 23317.75, while the 30-share BSE Sensex was up 186.46 points at 76676.54 at around 10:29AM.

Oil And Natural Gas Corporation Ltd.(up 4.04%), Larsen & Toubro Ltd.(up 2.53%), Britannia Industries Ltd.(up 1.51%), Tata Motors Ltd.(up 1.4%), Tata Steel Ltd.(up 1.37%), HDFC Life Insurance Company Ltd.(up 1.16%), Apollo Hospitals Enterprise Ltd.(up 1.13%), UltraTech Cement Ltd.(up 0.96%), Mahindra & Mahindra Ltd.(up 0.9%) and Tech Mahindra Ltd.(up 0.67%) were among the top gainers in the Nifty pack.

On the other hand, Asian Paints Ltd.(down 0.94%), Bharat Petroleum Corporation Ltd.(down 0.8%), Kotak Mahindra Bank Ltd.(down 0.7%), Dr. Reddy's Laboratories Ltd.(down 0.6%), Bharti Airtel Ltd.(down 0.5%), ITC Ltd.(down 0.47%), Reliance Industries Ltd.(down 0.39%), JSW Steel Ltd.(down 0.34%), Shriram Finance Ltd.(down 0.17%) and Hero MotoCorp Ltd.(down 0.13%) were trading in the red.