NEW DELHI: Shares of sugar producers were in the red in Wednesday's morning trade.
Shares of Piccadily Agro Industries (down 6.45 per cent), Dhampur Sugar Mills (down 2.21 per cent), Ugar Sugar Works (down 2.10 per cent), Bajaj Hindusthan (down 1.61 per cent), KCP Sugar - Industries (down 1.43 per cent), Avadh Sugar (down 0.98 per cent) and Dalmia Bharat Sugar - Industries (down 0.90 per cent) were among the top losers.
While Rana Sugars (up 1.85 per cent), Shree Renuka Sugars (up 1.02 per cent) and Balrampur Chini Mills (up 0.03 per cent) were the gainers.
The NSE Nifty50 index was trading 18.20 points up at 11,144.6, while the 30-share BSE Sensex was up 79.61 points at 37,611.59 at around 09:43 am.
UltraTech Cement (up 2.60 per cent), Kotak Mahindra Bank (up 1.57 per cent), ICICI Bank (up 1.47 per cent), Larsen - Toubro (up 1.34 per cent) and Mahindra - Mahindra (up 1.09 per cent) were among the top gainers in the Nifty pack.
On the other hand, YES Bank (down 7.56 per cent), Titan Company (down 4.92 per cent), Zee Entertainment Enterprises (down 2.49 per cent), HCL Technologies (down 2.40 per cent) and Oil And Natural Gas Corporation (down 1.38 per cent) were trading in the red.
Stock Market
Stock market update: Sugar stocks decline; Piccadily Agro slides over 6%
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