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

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

Ponni Sugars(Erode)(up 7.56%), Bannari Amman Sugars(up 2.90%), Uttam Sugar Mills(up 2.41%), Shree Renuka Sugars(up 1.47%), DCM Shriram Industries(up 1.36%), Rana Sugars( up 1.15%), BAJAJHIND(up 0.92%), Dhampur Sugar Mills(up 0.64%), KMSugar Mills(up 0.52%) and Ugar Sugar Works(up 0.43%) stood among the top gainers.

& Industries(down 4.00%), Balrampur Chini Mills(down 3.80%), Kothari Sugars & Chemicals(down 3.53%), Simbhaoli Sugars(down 2.71%), Dharani Sugars & Chemicals(down 2.17%), MAGADHSUGAR(down 2.04% ), Dwarikesh Sugar Industries(down 1.65%), Dalmia Bharat Sugar & Industries(down 1.63%), Sakthi Sugars(down 1.23%) and KCP Sugar & Industries(down 0.66%) were among the top losers of the day.

The NSE Nifty50 index ended 15.5 points up at 17397.5, while the 30-share BSE Sensex closed up 89.13 points at 58387.93.

UltraTech Cement(up 2.84%), Shree Cement(up 2.66%), ICICI Bank(up 2.19%), UPL Ltd(up 1.6%), Bharti Airtel(up 1.35%), Power Grid Corporation of India(up 1.29%) , Grasim Industries(up 1.2%), Infosys(up 1.05%), Wipro(up 1.03%) and Axis Bank(up 0.96%) stood among the top gainers in the Nifty pack.

On the other hand, Hindalco Industries(down 2.58%), Britannia Industries(down 2.3%), Mahindra & Mahindra(down 2.05%), Eicher Motors(down 1.79%), Reliance Industries(down 1.47%), Maruti Suzuki(down 1.4%), IndusInd Bank(down 1.32%), Hero MotoCorp(down 1.29%), Cipla(down 0.99%) and SBI Life(down 0.95%) closed in the red.

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