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Stock market update: Sugar stocks advance; KM Sugar Mills jumps 4%

NEW DELHI: Most of the sugar stocks were trading in the green in Tuesday’s morning session.

Shares of DCM Shriram Industries (up 5.63 per cent), KM Sugar Mills (up 4.31 per cent), Triveni Engineering & Industries (up 4.26 per cent), Dalmia Bharat Sugar & Industries (up 4.17 per cent) and Sir Shadi Lal Enterprises (up 4.11 per cent) were among the top gainers.

While Kesar Enterprise (down 4.76 per cent), Gayatri Sugars (down 4.76 per cent) and Rana Sugars (down 4.50 per cent) were among the top losers.

The NSE Nifty50 index was trading 39.65 points down at 12,216.2, while the 30share BSE Sensex was down 134.42 points at 41,423.58 at around 10:24 am.

Axis Bank (up 0.7 per cent), Hindustan Unilever (up 0.33 per cent), Larsen & Toubro (up 0.28 per cent), Power Grid Corporation of India (up 0.24 per cent) and Bharti Airtel (up 0.16 per cent) were among the top gainers in the Nifty pack.

On the other hand, Tech Mahindra (down 1.46 per cent), IndusInd Bank (down 0.69 per cent), Asian Paints (down 0.62 per cent), HDFC Bank (down 0.61 per cent) and Bajaj Auto (down 0.55 per cent) were trading in the red.

Source: Economic Times