Share market update: Sugar stocks slump; EID Parry tanks 9%
The NSE Nifty50 index was trading 6.60 points up at 11,195.80.
By ETMarkets.com | Updated:
BCCL
NEW DELHI: Most sugar stocks were trading lower in Tuesday's afternoon session.
Shares of EID Parry (down 8.80 per cent), Ponni Sugars (Erode) (down 6.41 per cent), Avadh Sugar (down 5.30 per cent), Dhampure Specialty Sugars (down 4.96 per cent), Rajshree Sugars & Chemicals (down 4.94 per cent), Indian Sucrose (down 4.69 per cent), Dhampur Sugar Mills (down 4.57 per cent), Gayatri Sugars (down 4.57 per cent) and Magadh Sugar (down 4.20 per cent) slumped up to 9 per cent.
Dalmia Bharat Sugar & Industries (down 3.99 per cent), Piccadily Sugar & Allied Inds (down 3.91 per cent), Mawana Sugars (down 3.72 per cent), Shree Renuka Sugars (down 3.27 per cent), Dwarikesh Sugar Industries (down 3.02 per cent), K.M.Sugar Mills (down 2.72 per cent), Uttam Sugar Mills (down 2.41 per cent), Sakthi Sugars (down 2.11 per cent), DCM Shriram Industries (down 1.76 per cent), Triveni Engineering & Industries (down 1.69 per cent), Bannari Amman Sugars (down 1.67 per cent), Dharani Sugars & Chemicals (down 1.45 per cent), Rana Sugars (down 1.18 per cent) and Balrampur Chini Mills (down 1.03 per cent) too were trading with losses.
Meanwhile, Kesar Enterprises (up 3.64 per cent), Ugar Sugar Works (up 0.82 per cent) and KCP Sugar & Industries (up 0.75 per cent) were trading higher.
The NSE Nifty50 index was trading 6.60 points up at 11,195.80 while the 30share BSE Sensex was up 63.70 points at 37,750.07 at around 02:04 pm.
Bharti Airtel (up 3.21 per cent), Tata Consultancy Services (up 1.99 per cent), Larsen & Toubro (up 1.41 per cent) and HDFC Bank (up 1.06 per cent) were among the top gainers in the Nifty pack.
On the other hand, Indiabulls Housing Finance (down 4.20 per cent), Hero MotoCorp (down 3.94 per cent), Grasim Industries (down 3.92 per cent) and IndusInd Bank (down 3.55 per cent) were trading in the red.
Shares of EID Parry (down 8.80 per cent), Ponni Sugars (Erode) (down 6.41 per cent), Avadh Sugar (down 5.30 per cent), Dhampure Specialty Sugars (down 4.96 per cent), Rajshree Sugars & Chemicals (down 4.94 per cent), Indian Sucrose (down 4.69 per cent), Dhampur Sugar Mills (down 4.57 per cent), Gayatri Sugars (down 4.57 per cent) and Magadh Sugar (down 4.20 per cent) slumped up to 9 per cent.
Dalmia Bharat Sugar & Industries (down 3.99 per cent), Piccadily Sugar & Allied Inds (down 3.91 per cent), Mawana Sugars (down 3.72 per cent), Shree Renuka Sugars (down 3.27 per cent), Dwarikesh Sugar Industries (down 3.02 per cent), K.M.Sugar Mills (down 2.72 per cent), Uttam Sugar Mills (down 2.41 per cent), Sakthi Sugars (down 2.11 per cent), DCM Shriram Industries (down 1.76 per cent), Triveni Engineering & Industries (down 1.69 per cent), Bannari Amman Sugars (down 1.67 per cent), Dharani Sugars & Chemicals (down 1.45 per cent), Rana Sugars (down 1.18 per cent) and Balrampur Chini Mills (down 1.03 per cent) too were trading with losses.
Meanwhile, Kesar Enterprises (up 3.64 per cent), Ugar Sugar Works (up 0.82 per cent) and KCP Sugar & Industries (up 0.75 per cent) were trading higher.
The NSE Nifty50 index was trading 6.60 points up at 11,195.80 while the 30share BSE Sensex was up 63.70 points at 37,750.07 at around 02:04 pm.
Bharti Airtel (up 3.21 per cent), Tata Consultancy Services (up 1.99 per cent), Larsen & Toubro (up 1.41 per cent) and HDFC Bank (up 1.06 per cent) were among the top gainers in the Nifty pack.
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On the other hand, Indiabulls Housing Finance (down 4.20 per cent), Hero MotoCorp (down 3.94 per cent), Grasim Industries (down 3.92 per cent) and IndusInd Bank (down 3.55 per cent) were trading in the red.
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