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    Share market update: Sugar stocks trade mixed; Magadh Sugar surges 10%

    Synopsis

    The NSE Nifty50 index was trading 55.85 points up at 11,764.95.

    sugar-gettyGetty Images
    The 30share BSE Sensex was up 231.33 points at 39,201.13 at around 02:16 pm.
    NEW DELHI: Most sugar stocks were trading mixed in Wednesday's afternoon session.

    Shares of Magadh Sugar (up 9.99 per cent), Rana Sugars (up 9.24 per cent), Sir Shadi Lal Enterprises (up 4.68 per cent), Bannari Amman Sugars (up 3.27 per cent) and Kesar Enterprise (up 3.27 per cent) surged up to 10 per cent.

    Indian Sucrose (up 2.72 per cent), Rajshree Sugars & Chemicals (up 2.59 per cent), AVADHSUGAR (up 2.30 per cent), BAJAJHIND (up 1.61 per cent) and Ugar Sugar Works (up 1.43 per cent), too were trading with gains.

    Meanwhile, Dhampure Specialty Sugars (down 4.50 per cent), Empee Sugars & Chemicals (down 4.20 per cent), Piccadily Agro Industries (down 3.17 per cent), Piccadily Sugar & Allied Inds (down 2.73 per cent), Simbhaoli Sugars (down 2.02 per cent), Dalmia Bharat Sugar & Industries (down 2.01 per cent), Sakthi Sugars (down 1.93 per cent), Gayatri Sugars (down 1.88 per cent), Shree Renuka Sugars (down 1.82 per cent) and Dhampur Sugar Mills (down 1.21 per cent) were trading lower.

    The NSE Nifty50 index was trading 55.85 points up at 11,764.95 while the 30share BSE Sensex was up 231.33 points at 39,201.13 at around 02:16 pm.

    IndusInd Bank (up 5.44 per cent), Bharat Petroleum Corporation (up 3.27 per cent), Sun Pharmaceutical Industries (up 3.18 per cent) and Bajaj Auto (up 2.00 per cent) were among the top gainers in the Nifty pack.

    On the other hand, Tech Mahindra (down 2.95 per cent), ITC (down 2.35 per cent), Zee Entertainment Enterprises (down 1.71 per cent), Wipro (down 1.55 per cent), Indiabulls Housing Finance (down 1.54 per cent) and YES Bank (down 1.31 per cent) were trading in the red.

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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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