Stock market update: Sugar stocks up as market rises

The 30-share BSE Sensex was up 739.34 points at 58372.99

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Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs.
NEW DELHI: Sugar stocks were trading higher on Wednesday at 10:44AM

Rajshree Sugars & Chemicals(up 9.89%), Bannari Amman Sugars(up 5.36%), Simbhaoli Sugars(up 2.43%), Dhampur Sugar Mills(up 2.38%), Dwarikesh Sugar Industries(up 2.25%), Uttam Sugar Mills(up 1.53%), BAJAJHIND(up 1.43%), K.M.Sugar Mills(up 1.42%), Dalmia Bharat Sugar & Industries(up 1.39%) and Dharani Sugars & Chemicals(up 1.16%) were among the top gainers.

Rana Sugars(down 0.99%), Vishwaraj Sugar Industries(down 0.65%) and Ugar Sugar Works(down 0.18%) were among the top losers.


The NSE Nifty50 index was trading 217.8 points up at 17394.5, while the 30-share BSE Sensex was up 739.34 points at 58372.99 at around 10:44AM.

Grasim Industries(up 2.43%), Bajaj Finance(up 2.42%), ICICI Bank(up 2.33%), Sun Pharmaceutical Industries(up 2.16%), Wipro(up 2.13%), Infosys(up 2.02%), JSW Steel(up 1.95%), HCL Technologies(up 1.94%), Bajaj Finserv(up 1.85%) and State Bank of India(up 1.84%) were among the top gainers in the Nifty pack.

On the other hand, HDFC LIFE INSURANCE(down 1.22%), Maruti Suzuki(down 0.36%) and Kotak Mahindra Bank(down 0.1%) were trading in the red.
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