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Stock Sectors: Stock Update: Sugar Stocks Fall as Market Falls

NEW DELHI: Sugar shares closed lower in Thursday’s session.

was among the highest earners.

Kothari Sugars & Chemicals Ltd. (down 5.81%), Simbhaoli Sugars Ltd. (down 5.36%), KM Sugar Mills Ltd. (down 5.31%), Bajaj Hindusthan Sugar Ltd. (down 4.68%), Rana Sugars Ltd. (down 4.68%) 4.11%), Mawana Sugars Ltd. (down 4.00%), Rajshree Sugars & Chemicals Ltd. (down 3.62% ), Dalmia Bharat Sugar and Industries Ltd. (down 3.23%), Avadh Sugar & Energy Ltd. (down 3.22%) and Ponni Sugars(Erode) Ltd. (down 2.87%) were included among the biggest losers of the day.

The NSE Nifty50 index ended the session down 345.0 points at 21,957.5, while the 30-share BSE Sensex closed down 1,062.22 points at 72,404.17.

Hero MotoCorp Ltd. (up 3.28%), Tata Motors Ltd. (up 1.8%), Mahindra & Mahindra Ltd. (up 1.39%), State Bank of India (up 1.12 %), Bajaj Auto Ltd. (up 1.12%), Infosys Ltd. (up 0.86%) and HCL Technologies Ltd. (up 0.49%) were among the top gainers on the Nifty. In turn, Larsen & Toubro Ltd. (down by 6.07%), Asian Paints Ltd. (down by 4.69%), Bharat Petroleum Corporation Ltd. (down by 4.54%), Coal India Ltd. (down by 4.52%), Oil And Natural Gas Corporation Ltd. (down 4.19%), ITC Ltd. (down 3.61%), Shriram Finance Ltd. (down 3.56%), Divi’s Laboratories Ltd . (down 3.5%), JSW Steel Ltd. (down 3.49%) and Adani Enterprises Ltd. (down 3.29%) ended the session in the red.