Stock market update: Sugar stocks edge higher; Mawana Sugars jumps over 6%

NEW DELHI: Stocks of sugar producers were trading higher in Thursday's afternoon trade.

Shares of Mawana Sugars (up 6.52 per cent), Triveni Engineering & Industries (up 4.81 per cent), Dhampur Sugar Mills (up 3.99 per cent), Bannari Amman Sugars (up 3.84 per cent) gained as much as 7 per cent.

Dwarikesh Sugar Industries (up 3.48 per cent), Shree Renuka Sugars (up 2.83 per cent) and Avadh Sugar (up 2.82 per cent) too were among the top gainers.


Gayatri Sugars (down 5.00 per cent), Dharani Sugars & Chemicals (down 4.82 per cent), Piccadily Sugar & Allied Inds (down 4.51 per cent) were among the top losers.

The NSE Nifty50 index was trading 28.05 points down at 11,331.85, while the 30-share BSE Sensex was down 123.94 points at 38,181.47 at around 12:52 pm.

YES Bank (up 24.22 per cent), Zee Entertainment Enterprises (up 8.08 per cent), Tata Motors (up 5.98 per cent), Bharat Petroleum Corporation (up 5.53 per cent) and Indian Oil Corporation (up 3.03 per cent) were among the top gainers in the Nifty pack.

On the other hand, Vedanta (down 3.80 per cent), Coal India (down 3.55 per cent), Hindalco Industries (down 3.50 per cent), Tata Steel (down 2.12 per cent) and HDFC Bank (down 2.04 per cent) were trading in the red.