January 27, 2023

Stock market update: Sugar stocks down as market falls

NEW DELHI: Sugar stocks were trading lower on Friday at 11:16AM

Bannari Amman Sugars(up 1.01%) and Balrampur Chini Mills(up 0.18%) were among the top gainers.

Shree Renuka Sugars(down 3.78%),

& Chemicals(down 3.67%), & Chemicals(down 3.12%), KCP Sugar & Industries(down 2.91%), Mawana Sugars(down 2.48%), EID Parry(down 2.38%), & Industries(down 2.18%), BAJAJHIND(down 1.99%), Rana Sugars(down 1.91%) and Dhampur Sugar Mills(down 1.63%) were among the top losers.

The NSE Nifty50 index was trading 195.8 points down at 17696.15, while the 30-share BSE Sensex was down 711.04 points at 59494.02 at around 11:16AM.

Bajaj Auto(up 6.79%), Tata Motors(up 6.48%), Dr Reddys Laboratories(up 3.65%), Cipla(up 3.51%), UPL Ltd(up 2.22%), ITC(up 1.96%), Divis Laboratories(up 1.69%), Bajaj Finserv(up 1.2%), HDFC LIFE INSURANCE(up 1.09%) and UltraTech Cement(up 0.88%) were among the top gainers in the Nifty pack.

On the other hand, Adani Ports & Special Economic Zone(down 7.47%), Adani Enterprises(down 5.15%), ICICI Bank(down 3.5%), HDFC(down 2.85%), Bharat Petroleum Corporation(down 2.47%), Oil & Natural Gas Corporation(down 2.46%), HDFC Bank(down 2.36%), State Bank of India(down 2.26%), Axis Bank(down 2.17%) and Reliance Industries(down 1.91%) were trading in the red.

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