Stock market update: Sugar stocks down as market falls

NEW DELHI: Sugar shares closed lower in the Friday’s session.

Rajshree Sugars & Chemicals(up 1.94%), Ugar Sugar Works(up 0.73%) and EID Parry(up 0.39%) stood among the top gainers.

Mawana Sugars(down 5.29%), Sakthi Sugars(down 4.92%), Simbhaoli Sugars(down 4.62%), Dwarikesh Sugar Industries(down 4.01%), K.M.Sugar Mills(down 3.99%), Dhampur Sugar Mills(down 3.74%), AVADHSUGAR(down 3.71%), KCP Sugar & Industries(down 3.53%), MAGADHSUGAR(down 3.40%) and Shree Renuka Sugars(down 3.30%) were among the top losers of the day.

The NSE Nifty50 index ended 69.75 points down at 17153.0, while the 30-share BSE Sensex closed down 233.48 points at 57362.2.

Bajaj Auto(up 1.97%), Adani Ports & Special Economic Zone(up 1.34%), JSW Steel(up 0.87%), Dr Reddys Laboratories(up 0.76%), State Bank of India(up 0.74%), Asian Paints(up 0.71%), Reliance Industries(up 0.67%), Kotak Mahindra Bank(up 0.47%), Bharti Airtel(up 0.42%) and SBI Life(up 0.34%) stood among the top gainers in the Nifty pack.

On the other hand, Titan Company Ltd(down 3.61%), Tech Mahindra(down 2.42%), Maruti Suzuki(down 1.87%), Cipla(down 1.51%), Indian Oil Corporation(down 1.49%), Nestle India(down 1.42%), Hero MotoCorp(down 1.4%), Eicher Motors(down 1.38%), Wipro(down 1.18%) and Larsen & Toubro(down 1.15%) closed in the red.

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