Stock Market Sector: Stock Market Update: As Market Rises, Fertilizer Inventories Rise.

New Delhi: Fertilizer stocks closed higher in Monday’s session.

Southern Petrochemicals Industries Corporation Ltd. (up 8.74%), Zuari Agro Chemicals Ltd. (up 6.76%), Khaitan Chemicals & Fertilizers Ltd. (up 6.20%), The Fertilizers and Chemicals Travancore Ltd. (up 6.17%), Gujarat Narmada. Valley Fertilizers & Chemicals Ltd. (up 2.27%), Madras Fertilizers Ltd. (up 1.81%), Rashtriya Chemicals & Fertilizers Ltd. (up 1.78%), Mangalore Chemicals & Fertilizers Ltd. (up 1.72%), Krishana Phoschem Ltd. (up 1.23%) and Coromandel International Ltd. (up 1.22%) were the top gainers.

Nagarjuna Fertilizers and Chemicals Ltd. (down 1.87%), Bohra Industries Ltd. (down 1.41%), Aries Agro Ltd. (down 1.06%), Gujarat State Fertilizer & Chemicals Ltd. (down 0.85%), Paradeep Phosphates Ltd. (down 0.85%) (down 0.83%), Chambal Fertilizers & Chemicals Ltd. (down 0.82%), Agro Phos India Ltd. (down 0.41%), Sikko Industries Ltd. (down 0.26%), Madhya Bharat Agro Products Ltd. (down 0.23%) and Deepak Fertilizers & Petrochemicals Corporation Ltd., down 0.02%, was the biggest decliner on the day.

The NSE Nifty50 index closed 81.55 points higher at 22122.25, while the 30-share BSE Sensex closed 281.52 points higher at 72708.16.

Grasim Industries Ltd. (up 2.99%), Bajaj Finserv Ltd. (up 2.81%), Bajaj Auto Ltd. (up 2.22%), Cipla Ltd. (up 2.06%), ICICI Bank Ltd. (up 2.01%), Bharti Airtel Ltd. (up 1.99%), Dr. Reddy’s Laboratories Ltd. (up 1.59%), Bajaj Finance Ltd. (up 1.42%), UPL Ltd. (up 1.36%) and Sun Pharmaceutical Industries Ltd. (up 1.34%) were the top gainers in the Nifty pack.

Meanwhile, Coal India Ltd. (-3.96%), Larsen & Toubro Ltd. (-1.39%), SBI Life Insurance Company Ltd. (-1.3%), Wipro Ltd. (-1.3%), HDFC Life Insurance Company Ltd. (down -1.23%), LTIMindtree Ltd. (down 1.19%), Hero MotoCorp Ltd. (down 0.86%), IndusInd Bank Ltd. (down 0.68%), Hindalco Industries Ltd. (down 0.66%) and Eicher Motors Ltd. (down 0.66%) ended in the red.

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