Stock market update: Sugar stocks down as market falls

NEW DELHI: Sugar stocks were trading lower on Monday at 11:26AM

Sakthi Sugars(up 2.37%), Kothari Sugars & Chemicals(up 0.86%), Ponni Sugars(Erode)(up 0.20%) and DCM Shriram Industries(up 0.12%) were among the top gainers.

Mawana Sugars(down 2.27%), Simbhaoli Sugars(down 2.12%), Balrampur Chini Mills(down 2.11%), AVADHSUGAR(down 1.97%), Dhampur Sugar Mills(down 1.89%), Ugar Sugar Works(down 1.86%), K.M.Sugar Mills(down 1.81%), Rajshree Sugars & Chemicals(down 1.74%),

& Industries(down 1.56%) and BAJAJHIND(down 1.51%) were among the top losers.

The NSE Nifty50 index was trading 227.85 points down at 17331.05, while the 30-share BSE Sensex was down 786.83 points at 58047.04 at around 11:26AM.

TATA CONSUMER PRODUCTS(up 0.88%), Hindustan Unilever(up 0.83%), Britannia Industries(up 0.75%), Maruti Suzuki(up 0.67%), Nestle India(up 0.62%), Reliance Industries(up 0.32%), UltraTech Cement(up 0.27%), Shree Cement(up 0.12%), Hero MotoCorp(up 0.04%) and Divis Laboratories(up 0.01%) were among the top gainers in the Nifty pack.

On the other hand, Tech Mahindra(down 4.47%), Infosys(down 4.1%), HCL Technologies(down 3.3%), Wipro(down 2.95%), Tata Consultancy(down 2.83%), JSW Steel(down 2.82%), Hindalco Industries(down 2.61%), Tata Steel(down 2.47%), Tata Motors(down 2.4%) and Kotak Mahindra Bank(down 2.24%) were trading in the red.

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