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Stock market update: Cement shares advance; UltraTech Cement rises over 2%

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NEW DELHI: Most of the cement stocks edged higher in Wednesday's morning trade. Shares of UltraTech Cement (up 2.37 per cent), Century Textiles - Industries (up 1.58 per cent), Mangalam Cement (up 1.39 per cent), Sagar Cements (up 1.35 per cent), HeidelbergCement India (up 1.25 per cent), India Cements (up 1.20 per cent) and Shree Cement (up 0.93 per cent) were among the top gainers.

While Burnpur Cement (down 4.72 per cent), Barak Valley Cements (down 3.41 per cent), NCL Industries (down 1.78 per cent) were among the top losers.

The NSE Nifty50 index was trading 9.50 points up at 11,135.9, while the 30-share BSE Sensex was up 43.38 points at 37,575.36 at around 09:51 am.

UltraTech Cement (up 2.46 per cent), Kotak Mahindra Bank (up 1.50 per cent), ICICI Bank (up 1.18 per cent), Larsen - Toubro (up 1.11 per cent) and Asian Paints (up 1.09 per cent) were among the top gainers in the Nifty pack.

On the other hand, YES Bank (down 8.21 per cent), Titan Company (down 4.75 per cent), Zee Entertainment Enterprises (down 2.94 per cent), HCL Technologies (down 2.11 per cent), Oil And Natural Gas Corporation (down 1.30 per cent) were trading in the red.




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