Share market update: Sugar stocks fall; Simbhaoli Sugars slumps 5%

Most sugar stocks were trading lower in Thursday’s afternoon session.

 

Shares of Piccadily Agro Industries (down 5.38 per cent), Simbhaoli Sugars (down 4.93 per cent), Thiru Arooran SugarsNSE -4.59 % (down 4.91 per cent), Empee Sugars & Chemicals (down 4.24 per cent), Sakthi Sugars (down 3.34 per cent), Indian Sucrose (down 2.82 per cent), Bajaj Hindusthan Sugar (down 2.22 per cent) and Rajshree Sugars & Chemicals (down 2.22 per cent) plunged up to 6 per cent.

 

Shree Renuka SugarsNSE -6.10 % (down 1.77 per cent), DCM Shriram Industries (down 1.75 per cent), Dwarikesh Sugar Industries (down 1.59 per cent), Rana Sugars (down 1.52 per cent), Triveni Engineering & Industries (down 1.18 per cent), Parvati Sweetners (down 1.09 per cent), Avadh Sugar (down 0.95 per cent) and Mawana Sugars (down 0.86 per cent) too were trading with losses.

 

 

The NSE Nifty50 index was trading 99.55 points up at 11,960.65 while the 30share BSE Sensex was up 376.02 points at 39,878.07 at around 02:40 pm.

 

NTPC (up 3.25 per cent), Bharat Petroleum Corporation (up 2.13 per cent), Bharti Airtel (up 2.08 per cent), Bajaj Finance (up 2.07 per cent), Tata Consultancy Services (up 2.06 per cent) and Reliance Industries (up 2.04 per cent) were among the top gainers in the Nifty pack.

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