INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Sugar stocks moved up a little during Friday's trade, a day after most of them fell owing to a glut in production and limited
offtake.
Triveni Engineering Industries (up 6.27 per cent), K.M.Sugar Mills (up 3.66 per cent), Uttam Sugar Mills (up 3.58 per cent),
Dalmia Bharat Sugar Industries (up 2.66 per cent), Dwarikesh Sugar Industries (up 2.56 per cent), Rajshree Sugars Chemicals (up 2.03 per
cent), Avadh Sugar Energy (up 1.76 per cent), Balrampur Chini Mills (up 1.24 per cent), Magadh Sugar Energy (up 1.10 per cent), Sakthi
Sugars (up 0.92 per cent) and Mawana Sugars (up 0.72 per cent) were the top gainers among the sugar stocks.
However, some sugar stocks
including Kesar Enterprise (down 7.74 per cent), Gayatri Sugars (down 5.00 per cent), Indian Sucrose (down 4.95 per cent), Simbhaoli Sugars
(down 2.69 per cent), Piccadily Agro Industries (down 1.56 per cent), KCP Sugar Industries (down 1.23 per cent) and EID Parry (down 1.10
per cent) were in the red around the same time
Equity markets were in the positive terrain on buying in bank, auto, energy, capital goods and realty stocks
However, most of the IT stocks were falling in trade
The NSE Nifty50 index was trading 74 points up at 10,691 around 11:20 am (IST), while the 30-share BSE Sensex was up 262 points at
34,975.
Axis Bank (up 5.14 per cent), State Bank of India (up 5.08 per cent) and ICICI Bank (up 3.55 per cent) were the top gainers in the
Nifty pack.
On the other hand, HCL Technologies (down 3.14 per cent), Tech Mahindra (down 2.45 per cent), Wipro (down 1.83 per cent) and
Tata Consultancy Services (down 1.71 per cent) were the top drags on the Nifty index.
