Stock market update: Sugar stocks advance; SBEC Sugar jumps 5%

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

Shares of SBEC Sugar (up 4.98 per cent), Dharani Sugars & Chemicals (up 4.97 per cent), Magadh Sugar (up 3.79 per cent), Rajshree Sugars & Chemicals (up 3.38 per cent) and Indian Sucrose (up 3.34 per cent) were among the top gainers.

Bannari Amman Sugars (up 3.21 per cent), Uttam Sugar Mills (up 2.78 per cent) and Dwarikesh Sugar Industries (up 2.71 per cent) too were trading with gains.


While Kesar Enterprise (down 6.19 per cent), Piccadily Sugar (down 1.83 per cent) and Sir Shadi Lal Enterprises (down 1.47 per cent) were among the top losers.

The NSE Nifty50 index was trading 65.05 points up at 12,321.85, while the 30share BSE Sensex was up 235.67 points at 41,835.39 at around 10:26 am.

Infosys (up 4.07 per cent), Sun Pharmaceutical Industries (up 1.61 per cent), Kotak Mahindra Bank (up 0.94 per cent), Larsen & Toubro (up 0.94 per cent) and ICICI Bank (up 0.79 per cent) were among the top gainers in the Nifty pack.

On the other hand, Tata Consultancy (down 0.81 per cent), Bharti Airtel (down 0.31 per cent), HDFC (down 0.29 per cent) and Titan Company Ltd (down 0.11 per cent) were trading in the red.