Stock market update: Sugar stocks gain; KCP Sugar rises 2%

NEW DELHI: Shares of sugar producers were in the green in Wednesday's morning trade.

Shares of KCP Sugar & Industries (up 2.04 per cent), DCM Shriram Industries (up 1.44 per cent), Shree Renuka Sugars (up 1.40 per cent), Avadh Sugar (up 1.20 per cent), Bajaj Hindustan (up 1.13 per cent), Dhampur Sugar Mills (up 0.83 per cent) and Balrampur Chini Mills (up 0.72 per cent) were among the top gainers.

While Dwarikesh Sugar Industries (down 1.15 per cent) and Mawana Sugars (down 0.75 per cent) were among the top losers.


The NSE Nifty50 index was trading 16.30 points up at 11,803.15, while the 30-share BSE Sensex was up 30.41 points at 39,862.25 at around 09:39 am.

Zee Entertainment Enterprises (up 3.38 per cent), Bharti Airtel (up 2.11 per cent), Bharti Infratel (up 2.05 per cent), Grasim Industries (up 1.78 per cent) and Indian Oil Corporation (up 1.70 per cent) were among the top gainers in the Nifty pack.

On the other hand, Indiabulls Housing Finance (down 4.94 per cent), Tata Motors (down 2.49 per cent), YES Bank (down 2.24 per cent), IndusInd Bank (down 1.79 per cent) and Coal India (down 1.41 per cent) were trading in the red.