Stock market update: Sugar stocks up as market rises

The 30-share BSE Sensex closed up 874.18 points at 57911.68

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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 shares closed higher in the Thursday's session.

Uttam Sugar Mills(up 13.98%), BAJAJHIND(up 10.00%), Sakthi Sugars(up 9.75%), Kothari Sugars & Chemicals(up 7.87%), Rana Sugars(up 7.04%), AVADHSUGAR(up 5.61%), K.M.Sugar Mills(up 5.42%), Rajshree Sugars & Chemicals(up 5.38%), Simbhaoli Sugars(up 4.99%) and Dharani Sugars & Chemicals(up 4.92%) stood among the top gainers.

were among the top losers of the day.


The NSE Nifty50 index ended 256.05 points up at 17392.6, while the 30-share BSE Sensex closed up 874.18 points at 57911.68.

Eicher Motors(up 4.52%), Coal India(up 3.92%), Mahindra & Mahindra(up 3.38%), Maruti Suzuki(up 2.77%), Adani Ports & Special Economic Zone(up 2.76%), Asian Paints(up 2.44%), Reliance Industries(up 2.34%), HDFC(up 2.31%), Kotak Mahindra Bank(up 2.3%) and Sun Pharmaceutical Industries(up 2.23%) stood among the top gainers in the Nifty pack.

On the other hand, Cipla(down 1.33%), Tata Steel(down 0.92%), Hindalco Industries(down 0.87%), Oil & Natural Gas Corporation(down 0.77%), JSW Steel(down 0.63%), Nestle India(down 0.56%), Bharti Airtel(down 0.49%) and Bajaj Auto(down 0.49%) closed in the red.
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