Stock market update: Sugar stocks mixed; Uttam Sugar Mills, Balrampur Chini Mills gain

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Sugar stocks were trading mixed on Wednesday a day after registering decent gains in anticipation of the government announcing a
bailout package for cash-starved mills to clear dues to farmers. Thiru Arooran Sugars (up 4.20 per cent), DCM Shriram Industries (up 3.75
per cent), Uttam Sugar Mills (up 3.73 per cent) and KCP Sugar Industries (up 2.47 per cent) were the top gainers among sugar stocks. Ugar
Sugar Works (up 1.61 per cent), Balrampur Chini Mills (up 0.55 per cent), Rajshree Sugars Chemicals (up 0.54 per cent), Dharani Sugars
Chemicals (up 0.34 per cent), Dalmia Bharat Sugar Industries (up 0.32 per cent) and Sakthi Sugars (up 0.31 per cent) were also up with
tepid gains
On the other hand, Kesar Enterprise (down 7.58 per cent), Empee Sugars Chemicals (down 4.97 per cent), Indian Sucrose (down 3.89 per cent)
and Piccadily Agro Industries (down 3.86 per cent) were incurring losses. Simbhaoli Sugars (down 2.21 per cent), Gayatri Sugars (down 1.92
per cent), Rana Sugars (down 1.41 per cent), Mawana Sugars (down 1.30 per cent) and Dhampure Specialty Sugars (down 1.17 per cent) were also
under pressure. The NSE Nifty50 index was trading 43 points up at 10,636, while the BSE Sensex was up 144 points at 35,047 around 11:25
am. In the Sensex kitty, 25 stocks were trading with gains and only 6 were suffering losses
Bajaj Auto, Bharti Airtel and Sun Pharma were leading among Sensex gainers. Asian Paints, Power Grid and ICICI Bank were in the red in the
Sensex index.