Stock market update: Sugar stocks down as market falls

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

stood among the top gainers.

Simbhaoli Sugars Ltd.(down 5.11%), Rajshree Sugars & Chemicals Ltd.(down 3.91%), Sakthi Sugars Ltd.(down 2.62%), Bannari Amman Sugars Ltd.(down 2.42%), DCM Shriram Industries Ltd.(down 2.40%), Shree Renuka Sugars Ltd.(down 2.28%), Bajaj Hindusthan Sugar Ltd.(down 2.28%), Dalmia Bharat Sugar and Industries Ltd.(down 2.20%), Rana Sugars Ltd.(down 2.17%) and Avadh Sugar & Energy Ltd.(down 2.01%) were among the top losers of the day.

The NSE Nifty50 index ended 90.66 points down at 22122.05, while the 30-share BSE Sensex closed down 352.67 points at 72790.13.

Larsen & Toubro Ltd.(up 2.43%), Power Grid Corporation of India Ltd.(up 2.08%), Adani Enterprises Ltd.(up 1.67%), Bharat Petroleum Corporation Ltd.(up 1.49%), Tata Consumer Products Ltd.(up 1.45%), Adani Ports & Special Economic Zone Ltd.(up 1.33%), SBI Life Insurance Company Ltd.(up 1.31%), Eicher Motors Ltd.(up 0.66%), Hindustan Unilever Ltd.(up 0.43%) and Cipla Ltd.(up 0.24%) stood among the top gainers in the Nifty pack.

On the other hand, Asian Paints Ltd.(down 3.94%), Apollo Hospitals Enterprise Ltd.(down 2.81%), Hindalco Industries Ltd.(down 2.57%), Divi’s Laboratories Ltd.(down 1.94%), Tata Steel Ltd.(down 1.93%), Titan Company Ltd.(down 1.89%), Tech Mahindra Ltd.(down 1.82%), JSW Steel Ltd.(down 1.5%), Bharti Airtel Ltd.(down 1.4%) and LTIMindtree Ltd.(down 1.39%) closed in the red.

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