Share market update: Sugar stocks advance; Avadh Sugar zooms 15%

The NSE Nifty50 index was trading 93.80 points up at 11,937.90.

BCCL
The 30share BSE Sensex was up 303.46 points at 39,738.18 at around 02:16 pm.
NEW DELHI: Most sugar stocks rallied in Monday's afternoon session.

Shares of Avadh Sugar (up 14.50 per cent), Magadh Sugar (up 9.12 per cent), KCP Sugar & Industries (up 7.91 per cent), DCM Shriram Industries (up 6.20 per cent), EID Parry (up 5.88 per cent), Bajaj Hindustan Sugar (up 5.11 per cent), Kesar Enterprise (up 4.97 per cent) , Parvati Sweetners (up 4.94 per cent) , Sir Shadi Lal Enterprises (up 4.90 per cent) and Riga Sugar Company (up 4.78 per cent) surged up to 15 per cent.

K.M.Sugar Mills (up 3.90 per cent) , Rajshree Sugars & Chemicals (up 3.75 per cent) , Triveni Engineering & Industries (up 3.69 per cent) , Sakthi Sugars (up 2.83 per cent) , Shree Renuka Sugars (up 2.67 per cent) , Balrampur Chini Mills (up 2.54 per cent) , Piccadily Agro Industries (up 2.53 per cent) , Bannari Amman Sugars (up 2.38 per cent) , Dhampur Sugar Mills (up 1.61 per cent) and Dwarikesh Sugar Industries (up 1.18 per cent) too were trading with gains.


Meanwhile, SBEC Sugar (down 4.99 per cent) , Uttam Sugar Mills (down 4.75 per cent) , Piccadily Sugar & Allied Inds (down 4.62 per cent) , Gayatri Sugars (down 4.28 per cent) , Ugar Sugar Works (down 3.52 per cent) , Dhampure Specialty Sugars (down 3.47 per cent) , Mawana Sugars (down 2.27 per cent) and Ponni Sugars (Erode) (down 1.97 per cent) were trading lower.

The NSE Nifty50 index was trading 93.80 points up at 11,937.90 while the 30share BSE Sensex was up 303.46 points at 39,738.18 at around 02:16 pm.

Tata Steel (up 5.63 per cent) , YES Bank (up 4.04 per cent) , NTPC (up 3.91 per cent) , Grasim Industries (up 3.52 per cent) and Larsen & Toubro (up 3.14 per cent) were the top performers in the index.
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On the other hand, Zee Entertainment Enterprises (down 2.77 per cent) , IndusInd Bank (down 1.58 per cent) , Asian Paints (down 1.55 per cent) , Tech Mahindra (down 1.26 per cent) and Reliance Industries (down 1.07 per cent) were trading in the red.

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