Share market update: Sugar stocks trade higher; K.M.Sugar Mills surges 7%

The NSE Nifty50 index was trading 80.95 points down at 11,747.30 at around 02:14 pm.

BCCL
The 30share BSE Sensex was down 246.98 points at 39,105.69.
NEW DELHI: Most sugar stocks were trading with gains in Tuesday's afternoon session.

Shares of K.M.Sugar Mills (up 7.04 per cent), Ugar Sugar Works (up 5.67 per cent), Empee Sugars & Chemicals (up 5.00 per cent), PARVATI (up 4.92 per cent), Uttam Sugar Mills (up 4.90 per cent), Dwarikesh Sugar Industries (up 3.31 per cent), Simbhaoli Sugars (up 2.78 per cent), Kesar Enterprise (up 2.50 per cent) surged up to 8 per cent.

Magadhsugar (up 1.92 per cent), Bajajhind (up 1.77 per cent), Rana Sugars (up 1.64 per cent), Dalmia Bharat Sugar & Industries (up 1.63 per cent), Mawana Sugars (up 1.63 per cent), Triveni Engineering & Industries (up 1.57 per cent), Avadhsugar (up 1.43 per cent), DCM Shriram Industries (up 1.42 per cent), Balrampur Chini Mills (up 1.36 per cent), KCP Sugar & Industries (up 0.67 per cent) too were trading with gains.


Meanwhile, Dharani Sugars & Chemicals (down 7.29 per cent), Piccadily Sugar & Allied Inds (down 3.23 per cent), Piccadily Agro Industries (down 3.08 per cent), Sakthi Sugars (down 1.94 per cent) were trading lower.

The NSE Nifty50 index was trading 80.95 points down at 11,747.30 at around 02:14 pm while the 30share BSE Sensex was down 246.98 points at 39,105.69.

Dr. Reddy's Laboratories (up 3.55 per cent), Bharti Infratel (up 3.10 per cent), Britannia Industries (up 1.75 per cent), Reliance Industries (up 1.46 per cent) and Titan Company (up 1.34 per cent) were among the top gainers in the Nifty pack.
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On the other hand, Tata Motors (down 7.70 per cent), Bharat Petroleum Corporation (down 4.82 per cent), Zee Entertainment Enterprises (down 3.72 per cent), Adani Ports & Special Economic Zone (down 2.62 per cent) and JSW Steel (down 2.56 per cent) were trading in the red.

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