Stock market update: Sugar stocks up as market rises

The 30-share BSE Sensex was up 288.7 points at 55839.0

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MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages.
NEW DELHI: Sugar stocks were trading higher on Monday at 10:39AM

Dhampur Sugar Mills(up 11.69%), Triveni Engineering & Industries(up 11.46%), Uttam Sugar Mills(up 8.36%), MAGADHSUGAR(up 7.81%), K.M.Sugar Mills(up 7.45%), Rana Sugars(up 7.36%), Mawana Sugars(up 5.79%), Dalmia Bharat Sugar & Industries(up 5.57%), AVADHSUGAR(up 5.14%) and Ugar Sugar Works(up 5.00%) were among the top gainers.

were among the top losers.


The NSE Nifty50 index was trading 57.15 points up at 16687.6, while the 30-share BSE Sensex was up 288.7 points at 55839.0 at around 10:39AM.

HDFC Bank(up 2.37%), Infosys(up 2.12%), Wipro(up 1.3%), ICICI Bank(up 1.13%), State Bank of India(up 0.97%), Axis Bank(up 0.89%), Tech Mahindra(up 0.86%), Tata Consultancy(up 0.77%), UPL Ltd(up 0.67%) and TATA CONSUMER PRODUCTS(up 0.64%) were among the top gainers in the Nifty pack.

On the other hand, Tata Motors(down 2.61%), Indian Oil Corporation(down 2.38%), Hindustan Unilever(down 2.11%), Bharat Petroleum Corporation(down 2.02%), Shree Cement(down 1.89%), Britannia Industries(down 1.6%), Bajaj Finance(down 1.55%), Eicher Motors(down 1.35%), HDFC LIFE INSURANCE(down 1.3%) and Oil & Natural Gas Corporation(down 1.25%) were trading in the red.
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