The Economic Times daily newspaper is available online now.

    Share market update: Sugar stocks slump; Piccadily Agro Industries falls 7%

    Synopsis

    The NSE Nifty50 index was trading 55.05 points down at 11,632.45.

    sugar-gettyGetty Images
    The 30share BSE Sensex was down 174.96 points at 39,040.68
    NEW DELHI: Most sugar stocks were trading lower in Thursday's afternoon session.

    Shares of Piccadily Agro Industries (down 7.14 per cent), Dharani Sugars & Chemicals (down 5.35 per cent), Piccadily Sugar & Allied Inds (down 4.23 per cent), Uttam Sugar Mills (down 3.95 per cent), Balrampur Chini Mills (down 3.49 per cent), Triveni Engineering & Industries (down 3.34 per cent), Simbhaoli Sugars (down 3.26 per cent), Sakthi Sugars (down 3.23 per cent), Avadh Sugar (down 3.09 per cent), Rana Sugars (down 3.02 per cent) and K.M.Sugar Mills (down 3.01 per cent) slumped up to 7 per cent.

    Magadh Sugar (down 2.96 per cent), Mawana Sugars (down 2.85 per cent), Thiru Arooran Sugars (down 2.73 per cent), KCP Sugar & Industries (down 2.40 per cent), Rajshree Sugars & Chemicals (down 2.35 per cent), EID Parry (down 2.01 per cent), Dwarikesh Sugar Industries (down 1.98 per cent), Dhampur Sugar Mills (down 1.84 per cent) and Sir Shadi Lal Enterprises (down 0.87 per cent) too were trading with losses.

    Shree Renuka Sugars (up 1.14 per cent) and Dalmia Bharat Sugar & Industries (up 0.05 per cent) were trading higher.

    The NSE Nifty50 index was trading 55.05 points down at 11,632.45 while the 30share BSE Sensex was down 174.96 points at 39,040.68 at around 02:04 pm.

    Wipro (up 3.22 per cent), Zee Entertainment Enterprises (up 2.68 per cent), Housing Development Finance Corporation (up 2.63 per cent), Britannia Industries (up 1.42 per cent) and Bajaj Finance (up 1.05 per cent) were among the top gainers in the Nifty pack.

    On the other hand, YES Bank (down 11.99 per cent), Oil And Natural Gas Corporation (down 4.17 per cent), Coal India (down 3.85 per cent), Tata Motors (down 3.84 per cent) and Mahindra & Mahindra (down 3.21 per cent) were trading in the red.




    (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


    (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
    The Economic Times

    Stories you might be interested in