Share market update: Sugar stocks advance; Dharani Sugars jumps 11%

The NSE Nifty50 index was trading 111.90 points up at 10,974.50.

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The 30share BSE Sensex was up 394.25 points at 37,094.09.
NEW DELHI: Most sugar stocks were trading higher in Tuesday's afternoon session.

Shares of Dharani Sugars & Chemicals (up 11.01 per cent), K.M.Sugar Mills (up 6.85 per cent), KCP Sugar & Industries (up 6.34 per cent), Dhampur Sugar Mills (up 4.62 per cent), Mawana Sugars (up 4.38 per cent), Rana Sugars (up 4.29 per cent), Kesar Enterprises (up 3.48 per cent) and Shree Renuka Sugars (up 3.42 per cent) climbed up to 11 per cent.

Piccadily Sugar & Allied Industries (up 2.99 per cent), Avadh Sugar (up 2.94 per cent), Uttam Sugar Mills (up 2.44 per cent), DCM Shriram Industries (up 2.30 per cent), Dalmia Bharat Sugar & Industries (up 2.09 per cent), Magadh Sugar (up 1.85 per cent), Sakthi Sugars (up 1.85 per cent), EID Parry (up 1.65 per cent) and Triveni Engineering & Industries (up 1.49 per cent) too were trading with gains.


Meanwhile, Simbhaoli Sugars (down 4.92 per cent), Rajshree Sugars & Chemicals (down 4.86 per cent), PARVATI (down 4.84 per cent), Indian Sucrose (down 4.52 per cent), Bannari Amman Sugars (down 1.98 per cent) and Piccadily Agro Industries (down 1.48 per cent) were trading lower.

The NSE Nifty50 index was trading 111.90 points up at 10,974.50 while the 30share BSE Sensex was up 394.25 points at 37,094.09 at around 02:03 pm.

Indiabulls Housing Finance (up 5.67 per cent), Bharti Airtel (up 4.28 per cent), Tech Mahindra (up 4.09 per cent) and YES Bank (up 3.08 per cent) were among the top gainers in the Nifty pack.
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On the other hand, Zee Entertainment Enterprises (down 5.92 per cent), Cipla (down 3.44 per cent), Power Grid Corporation of India (down 1.37 per cent) and Wipro (down 0.97 per cent) were trading in the red.
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