On Tuesday, shares of fertilizer companies had a good day. Fertilisers and Chemicals Travancore Ltd. led the gains, rising by 4.29%. Other companies like Deepak Fertilisers and Rashtriya Chemicals followed, with increases of 2.97% and 2.56%, respectively.
Some companies, however, saw their shares fall. Agro Phos India Ltd. dropped the most, down by 3.88%. Other losers included Madhya Bharat Agro Products and Nagarjuna Fertilizers, with losses of 2.24% and 1.88%.
In the broader market, the NSE Nifty50 index ended slightly lower, down by 25.8 points at 23,727.65. The 30-share BSE Sensex also fell, decreasing by 67.3 points to close at 78,472.87.
Some stock market winners not related to fertilizers included Tata Motors and Adani Enterprises, rising by 1.93% and 1.44%. On the downside, Power Grid Corporation and JSW Steel both dropped more than 1.5%.
Leave a Reply