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

NEW DELHI: Fertilizer stocks closed lower in Thursday’s session.

Madhya Bharat Agro Products(up 4.82%), Sikko Industries(up 2.18%), Mangalore Chemicals & Fertilizers(up 2.18%), Chambal Fertilizers & Chemicals(up 1.40%) and Deepak Fertilizers & Petrochemicals (up 0.28%) top earners.

National Fertilizer (down 6.25%), Agro Phos (down 4.99%), Khaitan Chemicals & Fertilizers (down 4.97%), Nagarjuna Fertilizers & Chem (down 4.89% ), Rashtriya Chemicals & Fertilizers (down 4.82%), ZUARIAGRO (down 4.08%), Aries Agro (down 3.96%), Tranvancore Fertilizers & Chemicals (down 3, 51%), Gujarat Narmada Valley Fertilizers (down 3.05%) and Coromandel International (down 2.81%) were among the day’s biggest losers.

The NSE Nifty50 index closed down 359.1 points at 15808.0, while the 30-stock BSE Sensex index closed down 1158.08 points at 52930.31.

Wipro (up 0.4%) was among the top gainers in the Nifty pack.

On the other hand, Adani Ports & Special Economic Zone (down 6.13%), IndusInd Bank (down 5.79%), Tata Steel (down 4.12%), Tata Motors (down down 4.08%), Hindalco Industries (down 3.95%), JSW Steel (down 3.72%), Bajaj Finance (down 3.68%), Bajaj Finserv (down 3 .59%), UPL Ltd (down 3.43%) and Axis Bank (down 3.38%) closed in the red.