Indian equity indices started the fresh month of July on a negative note amid continuing volatility in global markets. Also, sugar stocks were trading in red on Friday at 11:20 am.
Dalmia Bharat Sugar & Industries(up 0.88%), BAJAJHIND(up 0.77%), Kothari Sugars & Chemicals(up 0.45%), KCP Sugar & Industries(up 0.24%) and Dwarikesh Sugar Industries(up 0.10%) were among the top gainers.
Mawana Sugars(down 2.93%), Triveni Engineering & Industries(down 2.81%), Dhampur Sugar Mills(down 2.16%), Simbhaoli Sugars(down 1.83%), EID Parry(down 1.81%), Shree Renuka Sugars(down 1.62%), Rajshree Sugars & Chemicals(down 1.36%), Sakthi Sugars(down 1.25%), AVADHSUGAR(down 1.24%) and Rana Sugars(down 1.14%) were among the top losers.
Other major Asian stocks fell on Friday as investors assessed worries about an economic slowdown and whether any relief lies ahead after a first-half drubbing for global financial markets.
The indices declined during the majority of the sessions in June due to consistent depreciation of the rupee, foreign fund outflows, prevailing inflation concerns, rising crude oil prices, among other factors.
