Stock Market Sectors: Stock Market Update: Sugar stocks are rising as the market rises

NEW DELHI: Sugar shares closed higher during Friday’s session.

Magadh Sugar & Energy Ltd. (up 4.45%), KM Sugar Mills Ltd. (up 2.46%), Rana Sugars Ltd. (up 2.15%), Rajshree Sugars & Chemicals Ltd. (up by 2.13%), Kothari Sugars & Chemicals Ltd. (up by 1.74%), Dhampur Sugar Mills Ltd. (up by 1.44%), Bajaj Hindusthan Sugar Ltd. (up by 1.11%) , Dalmia Bharat Sugar and Industries Ltd. (up 0.97%), Mawana Sugars Ltd. (up 0.77%) ) and Balrampur Chini Mills Ltd. (up 0.72%) were among the top gainers.

KCP Sugar & Industries Corporation Ltd. (down 1.10%), Triveni Engineering & Industries Ltd. (down 1.00%), Ponni Sugars(Erode) Ltd. (down 0.73%), EID Parry( India) Ltd. (down 0.46%) The biggest losers of the day included Uttam Sugar Mills Ltd. (down 0.40%) and DCM Shriram Industries Ltd. (down 0.11%).

The NSE Nifty50 index ended the session up 97.71 points at 22,055.2, while the 30-share BSE Sensex closed up 260.3 points at 72,664.47.

Bharat Petroleum Corporation Ltd. (up 4.48%), NTPC Ltd. (up 2.74%), Power Grid Corporation of India Ltd. (up 2.57%), Hero MotoCorp Ltd. (up 2 .37%), JSW Steel Ltd. (up 2.29%), Asian Paints Ltd. (up 2.26%), Bharti Airtel Ltd. (up 2.02%), Eicher Motors Ltd. (up 1.97%), ITC Ltd. (up 1.95%) and Oil And Natural Gas Corporation Ltd. (up 1.89%) were among the top gainers in the Nifty set. Meanwhile, Tata Consultancy Services Ltd. (down 1.68%), Cipla Ltd. (down 1.42%), LTIMindtree Ltd. (down 1.09%), Infosys Ltd. (down 1.02%) ), Kotak Mahindra Bank Ltd. (down 0.93%), Wipro Ltd. (down 0.89%), Mahindra & Mahindra Ltd. (down 0.89%), Shriram Finance Ltd. (down 0, 71%), HDFC Bank Ltd. (down 0.67%) and Tech Mahindra Ltd. (down 0.67%) 0.38%) closed in the red.