• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

Paper, Sugar, Fertiliser Stocks Witness Huge Buying

OMMCOM NEWS by OMMCOM NEWS
September 6, 2023
in Business

New Delhi:  Niche sectors like paper, sugar, fertilisers and liqour saw huge buying interest on Wednesday, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services.

The broader market too ended in green with Midcap100/Smallcap100 up 0.1per cent/0.2 per cent.

Sectorally, it was a mixed bag with FMCG, pharma, and oil & gas up 1 percent. On the other hand, realty, PSU banks and metals saw some profit booking.

Paper stocks gained on Wednesday with several counters moving up. West Coast Paper was up 13 per cent, Tamil Nadu Newsprint was up 7 per cent, while JK Paper was up 7 per cent on BSE.

Sugar stocks also moved up as sugar prices are firming up globally due to short supply. Dhampur Sugar was up 6  per cent, while Dwarikesh Sugar was up 6 per cent.

Fertiliser stocks also gained as a sector with RCF up 6 per cent, and NFL up by 5 per cent.

Nifty was up 0.18 per cent or 36.2 points to close  at 19,611.1. Volumes on the NSE were on the higher side compared to the recent average. Smallcap index ended marginally in the negative underperforming the Nifty after a gap, said Deepak Jasani, Head of Retail Research at HDFC Securities.

Global stocks fell on Wednesday after tentative growth in China and Europe heightened concerns about broader economic momentum. European stocks extended their fall as weak German data and elevated oil prices reignited stagflation worries across the euro area.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

Infiltration Bid On LoC Foiled In J&K’s Poonch, 2 Terrorists Killed

Next Post

Bengal: ED Summons Second Actress In Flat Selling Case

Related Posts

Business

‘Festive Booster’: Centre Releases Tax Devolution Of Rs 1,01,603 Crore To State Govts

October 1, 2025
RBI
Business

RBI’s Move To Hold Repo Rate At 5.5 Per Cent Prudent Amid Global Uncertainty: Economist

October 1, 2025
Business

RBI Policy Statement An Authoritative One Towards Market Reforms: SBI Chairman

October 1, 2025
RBI Governor Sanjay Malhotra
Business

RBI MPC Keeps Rates Steady, Raises GDP Projection, Trims Inflation Forecast

October 1, 2025
Business

GST Revenues Up 9.1 Pc At Rs 1.89 Lakh Crore In Sep

October 1, 2025
Stock Markets
Business

RBI MPC Decisions Break 8-Day Losing Streak, Sensex Surges 715 Points

October 1, 2025
Next Post

Bengal: ED Summons Second Actress In Flat Selling Case

Properties Of Local Terrorists Taking Refuge In Pakistan Will Be Seized: J&K DGP

I Feel Proud To Wear Indian Jersey, Says Sukhjeet Singh On Playing His Maiden Asian Games

Khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.