Stock market update: Sugar stocks mixed; Ponni Sugars jumps 5%

NEW DELHI: Most of the sugar stocks were trading on a mixed note in Thursday's morning session.

Shares of Ponni Sugars (Erode) (up 5.35 per cent), Indian Sucrose (up 3.49 per cent), Sakthi Sugars (up 1.96 per cent), Magadh Sugar (up 1.94 per cent) and Vishwaraj Sugar Industries (up 1.94 per cent) were among the top gainers.

While Uttam Sugar Mills (down 1.99 per cent), Dalmia Bharat Sugar & Industries (down 1.72 per cent), Dhampur Sugar Mills (down 1.57 per cent), KCP Sugar & Industries (down 1.41 per cent) and Shree Renuka Sugars (down 1.40 per cent) were among the top losers.


The NSE Nifty50 index was trading 15.45 points down at 12,110.45, while the 30share BSE Sensex was down 50.24 points at 41,272.76 at around 10:12 am.

IndusInd Bank (up 4.82 per cent), Sun Pharmaceutical Industries (up 0.91 per cent), Oil & Natural Gas Corporation (up 0.84 per cent), Tata Consultancy (up 0.79 per cent) and State Bank of India (up 0.7 per cent) were among the top gainers in the Nifty pack.

On the other hand, Kotak Mahindra Bank (down 1.02 per cent), HDFC (down 0.94 per cent), Hindustan Unilever (down 0.81 per cent), Power Grid Corporation of India (down 0.72 per cent) and HDFC Bank (down 0.58 per cent) were trading in the red.