As the market declines, sugar stocks experience a drop in the latest stock market update

Bajaj Hindusthan Sugar Ltd. saw a 2.25% increase, Bannari Amman Sugars Ltd. gained 2.18%, EID Parry (India) Ltd. experienced a 0.27% uptick, and Mawana Sugars Ltd. had a 0.15% rise, making them the top gainers.

Conversely, KCP Sugar & Industries Corporation Ltd. plummeted by 19.43%, Sakthi Sugars Ltd. dropped by 6.73%, Rajshree Sugars & Chemicals Ltd. decreased by 6.36%, with others like Shree Renuka Sugars Ltd. and DCM Shriram Industries Ltd. among the top losers.

Around 09:59 AM, the NSE Nifty50 index fell by 51.0 points to 21,731.5, and the BSE Sensex dropped 179.71 points to 71,415.78. In the Nifty pack, Divi's Laboratories Ltd., Wipro Ltd., Apollo Hospitals Enterprise Ltd., and others recorded gains, while Coal India Ltd., Hero MotoCorp Ltd., and various other prominent stocks traded in the red.