Stock market update: Sugar stocks up as market falls

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NEW DELHI: Sugar stocks were trading higher on Thursday at 10:39AM

Uttam Sugar Mills(up 13.95%), Dwarikesh Sugar Industries(up 11.22%), MAGADHSUGAR(up 10.79%), DCM Shriram Industries(up 10.46%), Ponni Sugars(Erode)(up 9.99%), Dharani Sugars & Chemicals(up 9.84%), Ugar Sugar Works(up 8.20%), K.M.Sugar Mills(up 7.84%), Dalmia Bharat Sugar & Industries(up 7.35%) and Mawana Sugars(up 7.17%) were among the top gainers.

were among the top losers.

The NSE Nifty50 index was trading 230.4 points down at 17694.85, while the 30-share BSE Sensex was down 816.82 points at 59406.33 at around 10:39AM.

UPL Ltd(up 2.07%), Hindalco Industries(up 1.31%), Maruti Suzuki(up 0.71%), Bajaj Auto(up 0.7%), Bharti Airtel(up 0.6%) and SBI Life(up 0.22%) were among the top gainers in the Nifty pack.

On the other hand, Adani Ports & Special Economic Zone(down 2.79%), HDFC(down 2.01%), JSW Steel(down 2.0%), Kotak Mahindra Bank(down 1.96%), HDFC Bank(down 1.91%), Reliance Industries(down 1.87%), Infosys(down 1.83%), Tech Mahindra(down 1.78%), NTPC(down 1.78%) and HCL Technologies(down 1.74%) were trading in the red.