Stock market update: Cement shares trade higher; Andhra Cements jumps 5%

Most shares of cement producers were trading with gains in Thursday’s trade.

Shares of Andhra Cements (up 4.85 per cent), Shree Digvijay Cement (up 3.59 per cent), Kakatiya Cements Sugar & Industries (up 3.29 per cent), NCL Industries (up 2.99 per cent) and APCL (up 2.67 per cent) rose up to 5 per cent.

Sanghi Industries (up 2.62 per cent) and Century Textiles & Industries (up 2.57 per cent) too were among the top gainers.

The NSE Nifty50 index was trading 22.10 points up at 11,057.8, while the 30-share BSE Sensex was up 96.02 points at 37,366.84.

Indiabulls Housing Finance (up 3.69 per cent), ICICI Bank (up 2.80 per cent), IndusInd Bank (up 2.74 per cent), UltraTech Cement (up 2.42 per cent), Tata Steel (up 1.91 per cent) and Grasim Industries (up 1.90 per cent) were among the top gainers in the Nifty pack.

On the other hand, YES Bank (down 3.77 per cent), Tata Motors (down 2.38 per cent), Eicher Motors (down 2.02 per cent), Maruti Suzuki India (down 1.78 per cent), Bajaj Finserv (down 1.62 per cent) were trading in the red.

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