Stock market update: Fertilisers stocks down as market falls

view original post

NEW DELHI: Fertilisers stocks were trading lower on Tuesday at 11:15AM

Krishana Phoschem Ltd.(up 3.25%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 1.20%), Gujarat Narmada Valley Fertilizers & Chemicals Ltd.(up 0.45%) and Chambal Fertilisers & Chemicals Ltd.(up 0.06%) were among the top gainers.

Zuari Agro Chemicals Ltd.(down 2.42%), Sikko Industries Ltd.(down 2.17%), Nagarjuna Fertilizers and Chemicals Ltd.(down 2.03%), Madras Fertilizers Ltd.(down 1.58%), Mangalore Chemicals & Fertilizers Ltd.(down 1.32%), Southern Petrochemicals Industries Corporation Ltd.(down 1.17%), Gujarat State Fertilizer & Chemicals Ltd.(down 1.15%), National Fertilizers Ltd.(down 1.07%), Rashtriya Chemicals & Fertilizers Ltd.(down 1.00%) and The Fertilisers and Chemicals Travancore Ltd.(down 0.98%) were among the top losers.

The NSE Nifty50 index was trading 61.6 points down at 22035.15, while the 30-share BSE Sensex was down 279.84 points at 72552.1 at around 11:15AM.

Bajaj Finance Ltd.(up 2.21%), Bajaj Finserv Ltd.(up 1.73%), Bharat Petroleum Corporation Ltd.(up 1.57%), Coal India Ltd.(up 1.57%), Adani Ports & Special Economic Zone Ltd.(up 1.51%), Hindalco Industries Ltd.(up 1.19%), HDFC Life Insurance Company Ltd.(up 1.1%), Oil And Natural Gas Corporation Ltd.(up 1.07%), Larsen & Toubro Ltd.(up 0.91%) and NTPC Ltd.(up 0.82%) were among the top gainers in the Nifty pack.

On the other hand, Eicher Motors Ltd.(down 1.59%), Divi’s Laboratories Ltd.(down 1.32%), Power Grid Corporation of India Ltd.(down 1.31%), Wipro Ltd.(down 0.94%), Maruti Suzuki India Ltd.(down 0.94%), Bharti Airtel Ltd.(down 0.9%), Tech Mahindra Ltd.(down 0.86%), Infosys Ltd.(down 0.85%), UltraTech Cement Ltd.(down 0.85%) and Reliance Industries Ltd.(down 0.83%) were trading in the red.