Stock market update: fertilizers stock up as the market rises

NEW DELHI: Fertilizer stocks traded higher on Wednesday at 11:10 am

Chambal Fertilizers and Chemicals (up 8.17%), Madras Fertilizers (up 6.95%), National Fertilizer (up 6.61%), Rashtriya Chemicals and Fertilizers (up 5.37%), Nagarjuna Fertilizers & Chem (up 4.93%), Tranvancore Fertilizers & Chemicals (up 4.41%), Southern Petrochemicals Industries (up 4.28%), Gujarat Narmada Among the top winners were Valley Fertilizers (up 3.74%), GSFC (up 2.91%) and Mangalore Chemicals & Fertilizers (up 1.44%).

Sikko Industries (-3.96%) was among the main losers.

The NSE Nifty50 index traded 209.25 points at 17,192.45, while the 30-stock BSE Sensex index was up 704.92 points to 57,769.79 around 11:10 a.m.

IndusInd Bank (up 5.19%), Eicher Motors (up 4.44%), Maruti Suzuki (up 4.16%), Axis Bank (up 3.05%), Tech Mahindra (up 3.0%), Tata Motors (up 2.75%), Hindalco Industries (up 2.64%), JSW Steel (up 2.58%), HDFC (up 2.48%) and State Bank of India (up 1.94%) were among the top winners of the Nifty pack.

On the other hand, Dr Reddys Laboratories (down 1.31%), Divis Laboratories (down 1.14%), Oil & Natural Gas Corporation (down 0.81%), Power Grid Corporation of India (down 0.77%), Indian Oil Corporation (down 0.63%), Sun Pharmaceutical Industries (down 0.61%), Shree Cement (down 0.47%), Cipla ( down 0.42%) and Titan Company Ltd (down 0.11%) were trading in the red.

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