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

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

EID Parry(up 2.60%),

& Industries(up 1.35%), Kothari Sugars & Chemicals(up 1.04%), KCP Sugar & Industries(up 0.47%), Vishwaraj Sugar Industries(up 0.29%), Dalmia Bharat Sugar & Industries(up 0.13%) and Bannari Amman Sugars(up 0.04%) stood among the top gainers.

BAJAJHIND(down 9.47%), Balrampur Chini Mills(down 3.95%), Rana Sugars(down 2.64%), MAGADHSUGAR(down 2.46%), Ponni Sugars(Erode)(down 2.23%), Ugar Sugar Works(down 2.04%), Dhampur Sugar Mills(down 2.01%), Sakthi Sugars(down 1.92%), Mawana Sugars(down 1.83%) and K.M.Sugar Mills(down 1.79%) were among the top losers of the day.

The NSE Nifty50 index ended 178.95 points up at 15989.8, while the 30-share BSE Sensex closed up 616.62 points at 53750.97.

Britannia Industries(up 4.76%), Bajaj Finance(up 4.52%), Bajaj Finserv(up 4.37%), Hindustan Unilever(up 4.03%), Eicher Motors(up 3.65%), Hero MotoCorp(up 3.45%), Asian Paints(up 3.43%), Maruti Suzuki(up 3.37%), Titan Company Ltd(up 3.03%) and TATA CONSUMER PRODUCTS(up 2.87%) stood among the top gainers in the Nifty pack.

On the other hand, Oil & Natural Gas Corporation(down 5.06%), Power Grid Corporation of India(down 1.73%), NTPC(down 1.35%), HDFC LIFE INSURANCE(down 1.31%), Hindalco Industries(down 1.25%), Reliance Industries(down 0.88%), Larsen & Toubro(down 0.56%), Coal India(down 0.41%), Tata Steel(down 0.23%) and Dr Reddys Laboratories(down 0.1%) closed in the red.