Stock market update: Sugar stocks fall as market declines

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Stock market update: Sugar stocks fall as market declines

New Delhi: Sugar shares closed lower in Thursday’s session.

Shakti Sugars Ltd (up 3.26%) and Magadh Sugar & Energy Ltd (1.04%) were among the top gainers.

Bajaj Hindustan Sugar Ltd.(down 4.71%), Shree Renuka Sugars Ltd.(down 4.44%), Mawana Sugars Ltd.(3.99%), KCP Sugar & Industries Corporation Ltd.(3.66%), Rajshree Sugars & Chemicals Ltd. .(down 3.55%), Simbhaoli Sugars Ltd.(down 3.11%), Vishwaraj Sugar Industries Ltd.(down 2.56%), Ponni Sugars(Erod) Ltd.(down 2.45%), EID Perry(India) Ltd.(down ). 2.33%) and Awadh Sugar & Energy Ltd (down 2.31%) were among the day’s top losers.

The NSE Nifty50 index fell 546.81 points to close at 25250.1, while the 30-share BSE Sensex shed 1769.19 points to close at 82497.1.

JSW Steel Ltd. (up 1.15%), Divi’s Laboratories Ltd. (0.12%) and Oil and Natural Gas Corporation Ltd. (0.04%) were among the top gainers in the Nifty pack.

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    On the other hand, Bharat Petroleum Corporation Ltd. (down 5.27%), Shriram Finance Ltd. (down 4.51%), Larsen & Toubro Ltd. (down 4.27%), Axis Bank Ltd. (down 4.16%), Tata Motors Ltd. .(down 4.1%), Reliance Industries Ltd.(down 3.95%), Maruti Suzuki India Ltd.(3.94%), Asian Paints Ltd.(down 3.91%), Eicher Motors Ltd.(down 3.83%) and Tata Consumer Products Ltd. (down 3.64%) closed in red mark.

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