Stock market update: Sugar stocks advance; Simbhaoli Sugars skyrockets 20%

NEW DELHI: Most sugar stocks were trading on a positive note in Monday's morning session.

Shares of Simbhaoli Sugars (up 19.88 per cent), Bajaj Hindusthan (up 15.31 per cent), Sakthi Sugars (up 8.40 per cent), Dharani Sugars & Chemicals (up 8.34 per cent), Shree Renuka Sugars (up 5.26 per cent) and Avadh Sugar (up 4.40 per cent) gained up to 20 per cent.

Rana Sugars (up 3.93 per cent), Dwarikesh Sugar Industries (up 3.47 per cent) and Triveni Engineering & Industries (up 2.94 per cent) too were trading with gains.


Parvati (down 4.82 per cent), Kesar Enterprise (down 4.76 per cent) and DCM Shriram Industries (down 2.06 per cent) were among the top losers around the same time.

The NSE Nifty50 index was trading 6.45 points down at 10,791.45, the 30-share BSE Sensex was down 29.02 points at 36,533.89 at around 09:52 am.

Bharti Infratel (up 1.27 per cent), State Bank of India (up 1.12 per cent), Vedanta (up 1.04 per cent), ITC (up 1.01 per cent) and Dr. Reddy's Laboratories (up 0.96 per cent) were among top gainers in the Nifty pack.

On the other hand, Sun Pharmaceutical Industries (down 3.66 per cent), Zee Entertainment Enterprises (down 3.01 per cent), Tata Motors (down 2.40 per cent), IndusInd Bank (down 2.38 per cent) and Maruti Suzuki India (down 1.31 per cent) were trading in red.