Stock market update: Sugar stocks advance; Indian Sucrose rises 5%

Delhi: Most of the sugar Sugar stocks were trading in the green in Wednesday's morning trade.

Indian Sucrose (up 4.93 per cent), Riga Sugar Company (up 4.93 per cent), Sir Shadi Lal Enterprises (up 4.90 per cent), Parvati (up 4.65 per cent), Bajaj Hindusthan Sugar (up 3.35 per cent), Magadh Sugar (up 2.02 per cent) and Bannari Amman Sugars (up 1.83 per cent) were among the top gainers on the sector; gaining up to 5 per cent.

Meanwhile Rana Sugars (down 1.36 per cent), Avadh Sugar (down 1.36 per cent), Ugar Sugar Works (down 1.13 per cent) and Dhampur Sugar Mills (down 0.79 per cent) were among the top losers.


The NSE Nifty50 index was trading 33.45 points down at 11,071.9, while the 30-share BSE Sensex was down 128.22 points at 37,513.05 around 10:14 am.

HCL Technologies (up 2.44 per cent), Tata Motors (up 1.99 per cent), Cipla (up 1.69 per cent), Bajaj Auto (up 1.20 per cent), Infosys (up 1.17 per cent) and Tech Mahindra (up 1.09 per cent) were among top gainers in the Nifty pack.

On the other hand, YES Bank (down 3.33 per cent), Tata Steel (down 2.58 per cent), JSW Steel (down 1.99 per cent), Indiabulls Housing Finance (down 1.88 per cent) and Vedanta (down 1.63 per cent) were trading in the red.