Sugar Stocks Take a Hit
In New Delhi, sugar company stocks are mostly going down today. As of 10:46 AM, Simbhaoli Sugars Ltd. is up by 1.52%, and Bannari Amman Sugars Ltd. is up by 0.84%, making them the biggest winners in the sugar sector. However, lots of other sugar companies are not doing well. Mawana Sugars Ltd. has dropped by 3.76%, and others like Avadh Sugar & Energy Ltd. (-2.39%) and Ugar Sugar Works Ltd. (-2.07%) are also losing value.
Overall, the NSE Nifty50 index is down by 30.85 points, sitting at 23572.5, while the BSE Sensex is down by 102.05 points at 77956.11.
On a brighter note, some stocks are gaining today. Bharti Airtel Ltd. is up by 4.87%, Tata Steel Ltd. is up by 2.54%, and JSW Steel Ltd. is up by 2.03%. These are among the top gainers on the Nifty index.
On the flip side, a few big companies are facing losses. Oil and Natural Gas Corporation Ltd. is down by 2.6%, ITC Ltd. has dropped 2.22%, and Power Grid Corporation of India Ltd. is down by 1.68%.
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