Stock Market Sectors: Stock Market Update: Fertilizer Stocks Rise as Market Falls

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

Among the top gainers were Zuari Agro Chemicals Ltd. (up 2.48%), Nagarjuna Fertilizers and Chemicals Ltd. (up 2.40%), Southern Petrochemicals Industries Corporation Ltd. (up 2.06%), Gujarat State Fertilizer & Chemicals Ltd. (up 1.35%), Agro Phos India Ltd. (up 1.29%), Chambal Fertilisers & Chemicals Ltd. (up 1.21%), Sikko Industries Ltd. (up 1.10%), Paradeep Phosphates Ltd. (up 0.61%), Aries Agro Ltd. (up 0.57%) and National Fertilizers Ltd. (up 0.56%).

Among the top losers on the day were Mangalore Chemicals & Fertilizers Ltd. (down 3.75%), Krishana Phoschem Ltd. (down 2.31%), Madhya Bharat Agro Products Ltd. (down 2.26%), Coromandel International Ltd. (down 1.08%), Rashtriya Chemicals & Fertilizers Ltd. (down 1.03%), Rama Phosphates Ltd. (down 0.42%), Khaitan Chemicals & Fertilizers Ltd. (down 0.26%), Gujarat Narmada Valley Fertilizers & Chemicals Ltd. (down 0.07%) and The Fertilisers and Chemicals Travancore Ltd. (down 0.06%).

The NSE Nifty50 index closed 31.5 points higher at 24,572.65, while the 30-share BSE Sensex closed 12.16 points lower at 80,424.68.

Hindalco Industries Ltd. (up 3.9%), Bharat Petroleum Corporation Ltd. (up 3.4%), Shriram Finance Ltd. (up 3.16%), Tata Steel Ltd. (up 2.97%), LTIMindtree Ltd. (up 2.02%), Coal India Ltd. (up 1.9%), Dr. Reddy’s Laboratories Ltd. (up 1.74%), Oil And Natural Gas Corporation Ltd. (up 1.73%), Tata Consultancy Services Ltd. (up 1.68%) and NTPC Ltd. (up 1.27%) were among the top gainers in the Nifty pack. On the other hand, Mahindra & Mahindra Ltd. (down 2.66%), IndusInd Bank Ltd. (down 1.22%), Bajaj Auto Ltd. (down 1.19%), Axis Bank Ltd. (down 1.17%), SBI Life Insurance Company Ltd. (down 1.03%), Tata Motors Ltd. (down 0.97%), ICICI Bank Ltd. (down 0.96%), Bharti Airtel Ltd. (down 0.94%), Nestle India Ltd. (down 0.89%) and Tata Consumer Products Ltd. (down 0.88%) closed in the red.

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