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Stock market update: Fertilisers stocks down as market falls

NEW DELHI: Fertilisers shares closed lower in the Wednesday’s session.

Agro Phos(up 4.94%), Madhya Bharat Agro Products(up 1.53%), KRISHANA(up 0.84%) and G S F C(up 0.79%) stood among the top gainers.

Southern Petrochemicals Industries(down 6.14%), Nagarjuna Fertilizers & Chem(down 4.96%), Khaitan Chemicals & Fertilizers(down 4.45%), National Fertilizer(down 4.20%), Madras Fertlizers(down 3.84%), Rashtriya Chemicals & Fertilizers(down 3.71%), Mangalore Chemicals & Fertilizers(down 3.54%), Sikko Industries(down 3.23%), ZUARIAGRO(down 3.07%) and Chambal Fertilisers & Chemicals(down 2.89%) were among the top losers of the day.

The NSE Nifty50 index ended 391.5 points down at 16677.6, while the 30-share BSE Sensex closed down 1306.96 points at 55669.03.

Oil & Natural Gas Corporation(up 3.77%), Britannia Industries(up 3.49%), Power Grid Corporation of India(up 2.61%), NTPC(up 0.73%) and Kotak Mahindra Bank(up 0.07%) stood among the top gainers in the Nifty pack.

On the other hand, Apollo Hospitals Enterprises(down 6.77%), Adani Ports & Special Economic Zone(down 5.11%), Hindalco Industries(down 4.7%), Bajaj Finance(down 4.32%), Bajaj Finserv(down 4.25%), Titan Company Ltd(down 4.05%), Shree Cement(down 3.95%), IndusInd Bank(down 3.91%), Divis Laboratories(down 3.67%) and Bajaj Auto(down 3.49%) closed in the red.

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