Stock Market Sectors: Stock market update: Sugar stocks down as market falls

EID Parry(India)Ltd.(up 3.32%), DCM Shriram Industries Ltd.(up 2.67%), Simbhaoli Sugars Ltd.(up 2.26%), Mawana Sugars Ltd.(up 1.59%), Triveni Engineering & Industries Ltd.(up 0.55%), Uttam Sugar Mills Ltd.(up 0.47%), Magadh Sugar & Energy Ltd.(up 0.44%) and Balrampur Chini Mills Ltd.(up 0.33%) stood among the top gainers.

Bannari Amman Sugars Ltd.(down 2.67%), Ugar Sugar Works Ltd.(down 1.97%), Sakthi Sugars Ltd.(down 1.92%), Dhampur Sugar Mills Ltd.(down 1.52%), Vishwaraj Sugar Industries Ltd.(down 1.41%), Bajaj Hindusthan Sugar Ltd.(down 1.24%), Kothari Sugars & Chemicals Ltd.(down 1.09%), Shree Renuka Sugars Ltd.(down 0.94%), KCP Sugar & Industries Corporation Ltd.(down 0.93%) and Dwarikesh Sugar Industries Ltd.(down 0.92%) were among the top losers of the day.

The NSE Nifty50 index ended 174.1 points down at 24542.5, while the 30-share BSE Sensex closed down 636.24 points at 80737.51.

Grasim Industries Ltd.(up 1.13%), Shriram Finance Ltd.(up 0.89%), Mahindra & Mahindra Ltd.(up 0.69%), Bajaj Auto Ltd.(up 0.59%), Cipla Ltd.(up 0.21%), Hindalco Industries Ltd.(up 0.15%) and Dr. Reddy’s Laboratories Ltd.(up 0.05%) stood among the top gainers in the Nifty pack.

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On the other hand, Adani Ports & Special Economic Zone Ltd.(down 2.44%), Adani Enterprises Ltd.(down 1.91%), Bajaj Finserv Ltd.(down 1.83%), Coal India Ltd.(down 1.72%), Power Grid Corporation of India Ltd.(down 1.64%), Bajaj Finance Ltd.(down 1.53%), SBI Life Insurance Company Ltd.(down 1.51%), Apollo Hospitals Enterprise Ltd.(down 1.49%), IndusInd Bank Ltd.(down 1.46%) and Eternal Ltd.(down 1.46%) closed in the red.