Share market update: Sugar stocks rally; Kesar Enterprises zooms 20%

The NSE Nifty50 index was trading 51.55 points down at 12,037.

BCCL
The 30share BSE Sensex was down 125.86 points at 40,141.76 at around 02:50 pm.
NEW DELHI: Most sugar stocks were trading higher in Tuesday's afternoon session.

Shares of Kesar Enterprises (up 20 per cent), Avadh Sugar (up 7.12 per cent), Thiru Arooran Sugars (up 4.98 per cent), Mawana Sugars (up 4.82 per cent), KCP Sugar & Industries (up 4.76 per cent), Magadh Sugar (up 4.23 per cent), Balrampur Chini Mills (up 3.96 per cent), Ugar Sugar Works (up 3.55 per cent) and Uttam Sugar Mills (up 3.53 per cent) rallied up to 20 per cent.

Bannari Amman Sugars (up 2.38 per cent), Dalmia Bharat Sugar & Industries (up 2.22 per cent), Piccadily Agro Industries (up 2.22 per cent), Indian Sucrose (up 2.15 per cent), Rana Sugars (up 1.93 per cent), Sir Shadi Lal Enterprises (up 1.92 per cent), Simbhaoli Sugars (up 1.65 per cent) and Sakthi Sugars (up 1.39 per cent) too were trading with gains.


Meanwhile, Parvati Sweetners (down 4.88 per cent), K.M.Sugar Mills (down 3.97 per cent), Gayatri Sugars (down 1.05 per cent), EID Parry (down 0.58 per cent) and Triveni Engineering & Industries (down 0.39 per cent) were trading lower.

The NSE Nifty50 index was trading 51.55 points down at 12,037 while the 30share BSE Sensex was down 125.86 points at 40,141.76 at around 02:50 pm.

YES Bank (up 1.77 per cent), Bharti Infratel (up 1.73 per cent), NTPC (up 1.62 per cent), Axis Bank (up 1.45 per cent) and Vedanta (up 1.31 per cent) were among the top gainers in the Nifty pack.
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On the other hand, Zee Entertainment Enterprises (down 3.35 per cent), Hero MotoCorp (down 2.99 per cent), Asian Paints (down 2.72 per cent) and Tata Consultancy Services (down 2.27 per cent) were trading in the red.

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