On Friday, sugar company stocks fell. Balrampur Chini Mills saw its shares drop by 4.49%. Other companies like Mawana Sugars (down 3.40%), Magadh Sugar & Energy (down 3.38%), and Vishwaraj Sugar Industries (down 2.56%) also lost value.
The stock market overall was not great either. The NSE Nifty50 index dropped by 43.4 points, ending at 23,559.95. The BSE Sensex, which is another important market index, decreased by 197.97 points, closing at 77,860.19.
However, some companies did well. Tata Steel’s shares went up by 4.36%. Other gainers included Bharti Airtel (up 3.52%), JSW Steel (up 3.42%), and Trent Ltd. (up 3.36%).
On the flip side, some well-known companies like Oil And Natural Gas Corporation saw a drop of 2.84%, while ITC fell by 2.33%. State Bank of India also lost 2.01% of its value.
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