Stock market update: Sugar stocks advance; Triveni Engineering gains 2%

NEW DELHI: Shares of sugar prodcuers were trading with gains in Thursday's morning session.

Shares of Triveni Engineering & Industries (up 1.75 per cent), EID Parry (up 1.26 per cent), Magadh Sugar (up 0.89 per cent) and Shree Renuka Sugars (up 0.84 per cent) gained up to 2 per cent.

Dwarikesh Sugar Industries (up 0.78 per cent), Avadh Sugar (up 0.56 per cent) and Uttam Sugar Mills (up 0.41 per cent) too were among the top gainers.


While Balrampur Chini Mills (down 1.46 per cent), Dhampur Sugar Mills (down 0.74 per cent) and KM Sugar Mills (down 0.42 per cent) were among the top losers.

The NSE Nifty50 index was trading 101.00 points up at 11,541.2, while the 30-share BSE Sensex was up 325.43 points at 38,918.95 at around 09:43 am.

Indian Oil Corporation (up 3.77 per cent), ICICI Bank (up 2.69 per cent), IndusInd Bank (up 2.57 per cent), Indiabulls Housing Finance (up 2.15 per cent) and UPL (up 2.07 per cent) were among the top gainers in the Nifty pack.

On the other hand, YES Bank (down 3.35 per cent), HCL Technologies (down 1.26 per cent), JSW Steel (down 0.51 per cent), State Bank of India (down 0.39 per cent) and Dr. Reddy's Laboratories (down 0.34 per cent) were trading in the red.