Sugar shares are experiencing a surge on Wednesday afternoon. At 2:50 pm, the key leaders in the sugar pack are- MVK agro at 42.75 up 9.62%, Davangere Sugar at 9.8 up 8.89%, Bajaj Hindusthan at 31.45 up 8.08% and Balrampur Chini at 390.6 up 7.28%.
Other sugar stocks in bullish trade are- EID Parry, Dalmia Sugar, Sakthi Sugars, Triveni Engg. Ind., K M Sugar Mills, Avadh Sugar and KCP Sugar & Inds. In fact the whole sugar pack is trading in green.
The market recovery after yesterday’s carnage has brought relief to investors. Both Sensex and Nifty opened with gains on Wednesday morning.
The Sensex is trading at 74,282.82 up 3.06% and Nifty at 22,590.35 up 3.23%, at 2:58 pm.
