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Share market update: Sugar stocks surge; Piccadily Agro Industries zooms 14%

The NSE Nifty50 index was trading 79.55 points up at 11,127.35.

ETMarkets.com|
Updated: Aug 19, 2019, 12.36 PM IST
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The 30share BSE Sensex was up 305.35 points at 37,655.68 .
NEW DELHI: Most sugar stocks were trading higher in Monday's afternoon session.

Shares of Piccadily Agro Industries (up 14.31 per cent), Balrampur Chini Mills (up 5.75 per cent), Indian Sucrose (up 4.96 per cent), K.M.Sugar Mills (up 4.61 per cent), Triveni Engineering & Industries (up 3.61 per cent), Ugar Sugar Works (up 2.73 per cent), Dhampur Sugar Mills (up 2.27 per cent) and Rana Sugars (up 2.12 per cent) jumped up to per cent.

Mawana Sugars (up 1.78 per cent), Sir Shadi Lal Enterprises (up 1.48 per cent), EID Parry (up 1.31 per cent), Dalmia Bharat Sugar & Industries (up 1.30 per cent), Magadh Sugar (up 1.24 per cent), DCM Shriram Industries (up 0.90 per cent), Dwarikesh Sugar Industries (up 0.65 per cent) and KCP Sugar & Industries (up 0.43 per cent) too were trading with gains.

Meanwhile, Ponni Sugars (Erode) (down 5.94 per cent), Dhampure Specialty Sugars (down 4.96 per cent), Kesar Enterprises (down 4.68 per cent), Empee Sugars & Chemicals (down 4.35 per cent), Rajshree Sugars & Chemicals (down 3.84 per cent),
Piccadily Sugar & Allied Inds (down 3.67 per cent) and Bannari Amman Sugars (down 1.83 per cent) were trading lower.

The NSE Nifty50 index was trading 79.55 points up at 11,127.35 while the 30share BSE Sensex was up 305.35 points at 37,655.68 at around 12:26 pm.

Bharti Infratel (up 3.31 per cent), Sun Pharmaceutical Industries (up 3.23 per cent), Dr. Reddy's Laboratories (up 2.06 per cent) and Larsen & Toubro (up 1.79 per cent) were among the top gainers in the Nifty pack.

On the other hand, YES Bank (down 2.64 per cent), Indiabulls Housing Finance (down 1.72 per cent), Power Grid Corporation of India (down 1.42 per cent) and State Bank of India (down 1.19 per cent) were trading in the red.
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