Stock market update: Cement stocks bullish; JK Cements rises 3%

NEW DELHI: Most of the cement stocks were trading with gains in Friday's morning session.

Shares of JK Cements (up 3.11 per cent), Kakatiya Cements Sugar & Industries (up 2.44 per cent), Gujarat Sidhee Cement (up 2.40 per cent), Orient Cement Ltd (up 2.31 per cent) and Dalmia Bharat (up 1.98 per cent) rose up to 3 per cent.

Deccan Cements (up 1.97 per cent), UltraTech Cement (up 1.75 per cent), Shree Cement (up 1.73 per cent) and KCP (up 1.62 per cent) too were among the top gainers.


The NSE Nifty50 index was trading 47.20 points up at 11,633.55, while the 30share BSE Sensex was up 169.36 points at 39,221.42 at around 11:13 am.

Indiabulls Housing Finance (up 8.84 per cent), YES Bank (up 6.33 per cent), Coal India (up 2.78 per cent), Larsen & Toubro (up 1.79 per cent) and UltraTech Cement (up 1.70 per cent) were among the top gainers in the Nifty pack.

On the other hand, Zee Entertainment Enterprises (down 6.54 per cent), Eicher Motors (down 1.74 per cent), Tata Motors (down 1.72 per cent), IndusInd Bank (down 1.50 per cent) and Mahindra & Mahindra (down 1.47 per cent) were trading in the red.