Stock Market Sectors: Stock Market Update: Fertilizer Stocks Rise as Market Goes Higher

NEW DELHI: Fertilizer stocks closed higher in Wednesday’s session.

Among the top gainers were Aries Agro Ltd. (up 15.46%), Deepak Fertilisers & Petrochemicals Corporation Ltd. (up 9.62%), Khaitan Chemicals & Fertilizers Ltd. (up 5.11%), Chambal Fertilisers & Chemicals Ltd. (up 3.65%), Paradeep Phosphates Ltd. (up 2.34%), Madhya Bharat Agro Products Ltd. (up 1.98%), Gujarat State Fertilizer & Chemicals Ltd. (up 1.61%), The Fertilisers and Chemicals Travancore Ltd. (up 1.52%), Gujarat Narmada Valley Fertilizers & Chemicals Ltd. (up 1.45%) and Zuari Agro Chemicals Ltd. (up 1.12%).

Agro Phos India Ltd. (down 1.36%) and Krishana Phoschem Ltd. (down 0.58%) were among the top losers on the day.

The NSE Nifty50 index closed 71.36 points higher at 24,770.2, while the 30-share BSE Sensex closed 102.44 points higher at 80,905.3.

Among the top gainers on the Nifty were Divi’s Laboratories Ltd. (up 3.77%), Titan Company Ltd. (up 2.47%), SBI Life Insurance Company Ltd. (up 2.24%), Cipla Ltd. (up 2.04%), HDFC Life Insurance Company Ltd. (up 1.97%), Hindalco Industries Ltd. (up 1.89%), Grasim Industries Ltd. (up 1.83%), Asian Paints Ltd. (up 1.56%), Adani Enterprises Ltd. (up 1.47%) and Hindustan Unilever Ltd. (up 1.46%). On the other hand, Tech Mahindra Ltd. (down 1.48%), UltraTech Cement Ltd. (down 1.32%), Tata Steel Ltd. (down 1.31%), Power Grid Corporation of India Ltd. (down 1.14%), Oil And Natural Gas Corporation Ltd. (down 0.73%), HDFC Bank Ltd. (down 0.73%), State Bank of India (down 0.58%), HCL Technologies Ltd. (down 0.57%), ICICI Bank Ltd. (down 0.4%) and Tata Motors Ltd. (down 0.16%) closed in the red.

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