Stock market update: Sugar stocks down as market rises

NEW DELHI: Sugar shares closed higher in the Monday's session.

Balrampur Chini Mills Ltd.(up 2.39%), Simbhaoli Sugars Ltd.(up 1.80%), Kothari Sugars & Chemicals Ltd.(up 1.32%), Mawana Sugars Ltd.(up 1.25%), Rana Sugars Ltd.(up 0.73%), Bajaj Hindusthan Sugar Ltd.(up 0.63%), Ponni Sugars(Erode)Ltd.(up 0.48%), KCP Sugar & Industries Corporation Ltd.(up 0.29%), Triveni Engineering & Industries Ltd.(up 0.19%) and Rajshree Sugars & Chemicals Ltd.(up 0.17%) stood among the top gainers.

Uttam Sugar Mills Ltd.(down 5.01%), Avadh Sugar & Energy Ltd.(down 4.78%), Dwarikesh Sugar Industries Ltd.(down 2.61%), Dhampur Sugar Mills Ltd.(down 1.54%), EID Parry(India)Ltd.(down 1.22%), Bannari Amman Sugars Ltd.(down 0.91%), Vishwaraj Sugar Industries Ltd.(down 0.80%), Dalmia Bharat Sugar and Industries Ltd.(down 0.42%), Shree Renuka Sugars Ltd.(down 0.40%) and DCM Shriram Industries Ltd.(down 0.35%) were among the top losers of the day.

The NSE Nifty50 index ended 148.0 points up at 25001.15, while the 30-share BSE Sensex closed up 455.37 points at 82176.45.

Bajaj Auto Ltd.(up 2.49%), JSW Steel Ltd.(up 2.36%), Mahindra & Mahindra Ltd.(up 2.25%), Hindalco Industries Ltd.(up 1.75%), Trent Ltd.(up 1.67%), Nestle India Ltd.(up 1.65%), HCL Technologies Ltd.(up 1.55%), ITC Ltd.(up 1.52%), Tata Motors Ltd.(up 1.5%) and Hindustan Unilever Ltd.(up 1.48%) stood among the top gainers in the Nifty pack.

On the other hand, Eternal Ltd.(down 4.53%), Kotak Mahindra Bank Ltd.(down 0.55%), UltraTech Cement Ltd.(down 0.49%), Power Grid Corporation of India Ltd.(down 0.47%), Sun Pharmaceutical Industries Ltd.(down 0.45%), NTPC Ltd.(down 0.32%), Tata Steel Ltd.(down 0.29%), Maruti Suzuki India Ltd.(down 0.26%), Grasim Industries Ltd.(down 0.12%) and Cipla Ltd.(down 0.11%) closed in the red.