On Thursday, at around 10:39 AM, fertilizer stocks were doing really well. Paradeep Phosphates Ltd. saw a big jump of 4.50%, and Deepak Fertilisers & Petrochemicals was also up by 4.26%. Other companies like Rashtriya Chemicals & Fertilizers and Zuari Agro Chemicals rose by 3.57% and 3.29%, respectively.
Several other fertilizer stocks like Southern Petrochemicals, National Fertilizers, and Mangalore Chemicals went up too, showing good gains throughout the morning. However, Sikko Industries Ltd. was not doing well at all, dropping 15.60%.
In the broader market, the NSE Nifty50 index was up by 156.41 points, sitting at 23,201.65, while the BSE Sensex went up by 500.44 points to reach 76,671.52. Many big companies like Tata Steel, Bajaj Finance, and Cipla also performed well.
On the downside, a few companies such as Adani Enterprises and Infosys faced losses, trailing behind the positive trend.
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