Stock market update: Sugar stocks up as market rises

NEW DELHI: Sugar stocks were trading higher on Tuesday at 10:44AM

Bannari Amman Sugars Ltd.(up 7.35%), Bajaj Hindusthan Sugar Ltd.(up 5.87%), Avadh Sugar & Energy Ltd.(up 5.00%), Simbhaoli Sugars Ltd.(up 4.57%), Rajshree Sugars & Chemicals Ltd.(up 4.37%), Sakthi Sugars Ltd.(up 4.20%), Shree Renuka Sugars Ltd.(up 4.12%), Dhampur Sugar Mills Ltd.(up 3.65%), Uttam Sugar Mills Ltd.(up 2.97%) and Magadh Sugar & Energy Ltd.(up 2.96%) were among the top gainers.

EID Parry(India)Ltd.(down 0.66%) were among the top losers.

The NSE Nifty50 index was trading 67.4 points up at 23326.6, while the 30-share BSE Sensex was up 200.37 points at 76690.45 at around 10:44AM.

Oil And Natural Gas Corporation Ltd.(up 3.9%), Larsen & Toubro Ltd.(up 2.24%), Tata Steel Ltd.(up 1.4%), Tata Motors Ltd.(up 1.37%), Britannia Industries Ltd.(up 1.31%), Apollo Hospitals Enterprise Ltd.(up 1.27%), UltraTech Cement Ltd.(up 1.15%), HDFC Life Insurance Company Ltd.(up 1.06%), Mahindra & Mahindra Ltd.(up 0.83%) and Tech Mahindra Ltd.(up 0.74%) were among the top gainers in the Nifty pack.

On the other hand, Asian Paints Ltd.(down 0.98%), Dr. Reddy's Laboratories Ltd.(down 0.76%), Kotak Mahindra Bank Ltd.(down 0.7%), Bharat Petroleum Corporation Ltd.(down 0.67%), Bharti Airtel Ltd.(down 0.58%), JSW Steel Ltd.(down 0.32%), ITC Ltd.(down 0.3%), Reliance Industries Ltd.(down 0.27%), HDFC Bank Ltd.(down 0.22%) and Adani Enterprises Ltd.(down 0.15%) were trading in the red.