fertilizer stock: stock market update: fertilizer stocks increase; Rama Phosphates shoots more than 5%

NEW DELHI: Most of the fertilizer stocks were trading in the green during Wednesday afternoon’s session.

Shares of Rama Phosphates (up 5.30%), Mangalore Chemicals & Fertilizers (up 3.27%), Basant Agro Tech (India) (up 3.19%), Zuari Agro Chemicals (up of 2.91%) and Bharat Agri Fert & Realty (up 1.58%) were among the top winners.

Deepak Fertilizers & Petrochemicals (up 1.35%) and Chambal Fertilizers & Chemicals (up 1.02%) were also trading in the positive zone.

Shiva Global Agro Industries (down 4.85%), Southern Petrochemicals Industries (down 1.88%) and MP Agro Industries (down 1.87%) recorded losses.

The NSE Nifty50 index traded 20.55 points to 10,818.45, while the 30-stock BSE Sensex index was up 79.41 points to 36,642.32 around 11:47 a.m.

Bharti Airtel (up 1.86%), State Bank of India (up 1.64%), Dr. Reddy’s Laboratories (up 1.62%), HDFC Bank (up 1.58%) ) and Kotak Mahindra Bank (up 1.32%) were among the top winners of the Nifty pack.

In contrast, Sun Pharmaceutical Industries (down 6.44%), Tata Motors (down 4.62%), Maruti Suzuki India (down 3.16%), Asian Paints (down 2.54%) %) and Titan Company (down 2.19%) were trading in red.

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