Stock market update: Sugar stocks down as market falls

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

Balrampur Chini Mills(up 5.50%), Dhampur Sugar Mills(up 3.15%), AVADHSUGAR(up 2.87%), Mawana Sugars(up 2.71%), Shree Renuka Sugars(up 2.40%), Uttam Sugar Mills(up 2.19%), Dalmia Bharat Sugar & Industries(up 2.05%), Dwarikesh Sugar Industries(up 1.89%), Ugar Sugar Works(up 0.73%) and Triveni Engineering & Industries(up 0.27%) stood among the top gainers.

Simbhaoli Sugars(down 2.66%), Rana Sugars(down 2.40%), Bannari Amman Sugars(down 2.35%), Rajshree Sugars & Chemicals(down 2.07%), Dharani Sugars & Chemicals(down 1.93%), KCP Sugar & Industries(down 1.85%), Vishwaraj Sugar Industries(down 1.75%), Sakthi Sugars(down 1.74%), Kothari Sugars & Chemicals(down 1.30%) and Ponni Sugars(Erode)(down 1.09%) were among the top losers of the day.

The NSE Nifty50 index ended 382.2 points down at 15863.15, while the 30-share BSE Sensex closed down 1491.06 points at 52842.75.

Oil & Natural Gas Corporation(up 13.13%), Hindalco Industries(up 6.16%), Coal India(up 4.25%), Bharti Airtel(up 3.32%), UPL Ltd(up 2.54%), HCL Technologies(up 1.38%), Tata Steel(up 1.16%), Cipla(up 1.07%), Infosys(up 0.96%) and JSW Steel(up 0.82%) stood among the top gainers in the Nifty pack.

On the other hand, IndusInd Bank(down 7.48%), Axis Bank(down 6.64%), Maruti Suzuki(down 6.6%), Britannia Industries(down 6.46%), Bajaj Finance(down 6.32%), Bajaj Finserv(down 6.26%), UltraTech Cement(down 5.82%), Mahindra & Mahindra(down 5.7%), Tata Motors(down 5.57%) and ICICI Bank(down 4.99%) closed in the red.