Stock market update: Sugar stocks mixed; Rajshree Sugars plummets 8%

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

Shares of Rajshree Sugars & Chemicals (up 8.04 per cent), Indian Sucrose (up 4.20 per cent), Sakthi Sugars (up 2.64 per cent), KM Sugar Mills (up 2.25 per cent) and Shree Renuka Sugars (up 2.21 per cent) were among the top gainers.

While SBEC Sugar (down 4.91 per cent), Kesar Enterprise (down 4.90 per cent), Rana Sugars (down 4.88 per cent), Piccadily Sugar & Allied Inds (down 3.69 per cent) and Simbhaoli Sugars (down 2.38 per cent) were among the top losers.


The NSE Nifty50 index was trading 8.45 points down at 12,216.1, while the 30share BSE Sensex was down 39.87 points at 41,489.04 at around 09:50 am.

IndusInd Bank (up 0.94 per cent), ICICI Bank (up 0.87 per cent), Oil & Natural Gas Corporation (up 0.74 per cent), Reliance Industries (up 0.59 per cent) and State Bank of India (up 0.53 per cent) were among the top gainers in the Nifty pack.

On the other hand, Asian Paints (down 1.82 per cent), Mahindra & Mahindra (down 1.57 per cent), Tata Steel (down 1.28 per cent), Hero MotoCorp (down 1.1 per cent) and Power Grid Corporation of India (down 0.85 per cent) were trading in the red.