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

NEW DELHI: Sugar shares closed lower in the Friday’s session.

Simbhaoli Sugars Ltd.(up 1.98%), DCM Shriram Industries Ltd.(up 1.02%), Rajshree Sugars & Chemicals Ltd.(up 0.61%), Dalmia Bharat Sugar and Industries Ltd.(up 0.46%), Balrampur Chini Mills Ltd.(up 0.38%) and Shree Renuka Sugars Ltd.(up 0.04%) stood among the top gainers.

Bannari Amman Sugars Ltd.(down 5.84%), Triveni Engineering & Industries Ltd.(down 3.40%), Ugar Sugar Works Ltd.(down 2.50%), EID Parry(India)Ltd.(down 2.36%), Magadh Sugar & Energy Ltd.(down 2.29%), Kothari Sugars & Chemicals Ltd.(down 2.02%), KCP Sugar & Industries Corporation Ltd.(down 1.76%), Avadh Sugar & Energy Ltd.(down 1.69%), Dhampur Sugar Mills Ltd.(down 1.42%) and KM Sugar Mills Ltd.(down 1.01%) were among the top losers of the day.

The NSE Nifty50 index ended 65.91 points down at 23501.1, while the 30-share BSE Sensex closed down 269.03 points at 77209.9.

Bharti Airtel Ltd.(up 2.53%), LTIMindtree Ltd.(up 1.45%), Hindalco Industries Ltd.(up 1.19%), Infosys Ltd.(up 1.15%), Adani Ports & Special Economic Zone Ltd.(up 1.1%), JSW Steel Ltd.(up 0.78%), Dr. Reddy’s Laboratories Ltd.(up 0.69%), Tata Consultancy Services Ltd.(up 0.63%), NTPC Ltd.(up 0.61%) and SBI Life Insurance Company Ltd.(up 0.6%) stood among the top gainers in the Nifty pack. On the other hand, UltraTech Cement Ltd.(down 2.21%), Adani Enterprises Ltd.(down 2.16%), Bharat Petroleum Corporation Ltd.(down 1.77%), Tata Motors Ltd.(down 1.69%), Tata Consumer Products Ltd.(down 1.67%), Larsen & Toubro Ltd.(down 1.66%), Hindustan Unilever Ltd.(down 1.65%), Nestle India Ltd.(down 1.63%), HDFC Life Insurance Company Ltd.(down 1.56%) and Reliance Industries Ltd.(down 1.33%) closed in the red.

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