Stock Market Sector: Stock Market Update: Sugar Stocks Rise as Market Rises

New Delhi: Sugar stocks closed higher on Tuesday’s session.

Rajshree Sugars & Chemicals Ltd. (up 11.21%), KCP Sugar & Industries Corporation Ltd. (up 7.54%), Sakthi Sugars Ltd. (up 6.08%), Bajaj Hindusthan Sugar Ltd. (up 5.65%), Kothari Sugars & Chemicals Ltd. (up 3.66%), DCM Shriram Industries Ltd. (up 2.85%), Magadh Sugar & Energy Ltd. (up 1.33%), Rana Sugars Ltd. (up 1.22%), Avadh Sugar & Energy Ltd. (up 0.86) %) and Triveni Engineering & Industries Ltd. (up 0.79%) had the highest gains.

KM Sugar Mills Ltd. (down -7.61%), Simbhaoli Sugars Ltd. (down 1.90%), EID Parry (India) Ltd. (down 1.78%), Mawana Sugars Ltd. (down 0.75%), Ponni Sugars (Erode) Ltd. (down -0.62%), Shree Renuka Sugars Ltd. (down 0.49%), Dalmia Bharat Sugar and Industries Ltd. (down 0.37%), Bannari Amman Sugars Ltd. (down 0.35%), Dhampur Sugar Mills Ltd. ( Shares of Balrampur Chini Mills Ltd. (down 0.29%) and Balrampur Chini Mills Ltd. (down 0.19%) were the top decliners of the day.

The NSE Nifty50 index closed 157.71 points higher at 21929.4, while the 30-share BSE Sensex closed 454.67 points higher at 72186.09.

Bharat Petroleum Corporation Ltd. (6.02% above), HDFC Life Insurance Company Ltd. (5.22% above), HCL Technologies Ltd. (4.4% above), Tata Consultancy Services Ltd. (4.1% above), Maruti Suzuki India Ltd. ( (up 4.0%), Wipro Ltd. (up 3.59%), Oil And Natural Gas Corporation Ltd. (up 3.56%), SBI Life Insurance Company Ltd. (up 3.11%), Infosys Ltd. (up 2.51%) and Larsen & Toubro Ltd. (up 2.47%) was the top gainer in the Nifty pack.

Meanwhile, Power Grid Corporation of India Ltd. (-3.06%), Britannia Industries Ltd. (-2.3%), IndusInd Bank Ltd. (-1.72%), ITC Ltd. (-1.52%), Kotak Mahindra Bank Ltd. ( -1.19% down), Grasim Industries Ltd. (1.14% down), Bajaj Finserv Ltd. (1.11% down), Axis Bank Ltd. (1.08% down), Reliance Industries Ltd. (0.79% down) and Apollo Hospitals Enterprise Ltd. .(down 0.6%) ended in the red.

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