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

EID Parry(India)Ltd.(up 1.40%), Balrampur Chini Mills Ltd.(up 1.37%), Mawana Sugars Ltd.(up 1.08%), Bannari Amman Sugars Ltd.(up 1.06%), Rajshree Sugars & Chemicals Ltd.(up 1.06%), KM Sugar Mills Ltd.(up 0.97%), Ponni Sugars(Erode)Ltd.(up 0.79%), Sakthi Sugars Ltd.(up 0.76%), Ugar Sugar Works Ltd.(up 0.73%) and Vishwaraj Sugar Industries Ltd.(up 0.71%) were among the top gainers.

Simbhaoli Sugars Ltd.(down 2.05%), Dhampur Sugar Mills Ltd.(down 0.45%), Kothari Sugars & Chemicals Ltd.(down 0.27%), Triveni Engineering & Industries Ltd.(down 0.15%) and Bajaj Hindusthan Sugar Ltd.(down 0.05%) were among the top losers.

The NSE Nifty50 index was trading 91.85 points down at 24854.65, while the 30-share BSE Sensex was down 279.6 points at 81516.55 at around 10:14AM.

Asian Paints Ltd.(up 1.07%), NTPC Ltd.(up 0.63%), Axis Bank Ltd.(up 0.52%), Bharat Electronics Ltd.(up 0.43%), State Bank of India(up 0.41%), Adani Ports & Special Economic Zone Ltd.(up 0.35%), HCL Technologies Ltd.(up 0.23%), HDFC Life Insurance Company Ltd.(up 0.17%), Wipro Ltd.(up 0.15%) and Kotak Mahindra Bank Ltd.(up 0.12%) were among the top gainers in the Nifty pack.

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On the other hand, Sun Pharmaceutical Industries Ltd.(down 2.02%), Oil And Natural Gas Corporation Ltd.(down 1.57%), Eternal Ltd.(down 1.3%), IndusInd Bank Ltd.(down 1.24%), Tata Motors Ltd.(down 1.24%), Bajaj Finance Ltd.(down 1.18%), Dr. Reddy’s Laboratories Ltd.(down 0.91%), Tata Consumer Products Ltd.(down 0.88%), Adani Enterprises Ltd.(down 0.86%) and Cipla Ltd.(down 0.86%) were trading in the red.