Stock market update: Cement stocks mixed; Shiva Cement jumps over 8%

NEW DELHI: Most of the cement stocks were trading on a mixed note in Wednesday’s morning session.

Shares of Shiva Cement (up 8.39 per cent), Andhra Cements (up 4.98 per cent), Birla Corporation (up 2.01 per cent), Star Cement (up 1.98 per cent) and KCP (up 1.48 per cent) were among the top gainers.

While Prism Johnson (down 5.13 per cent), India Cements (down 1.57 per cent), Shree Digvijay Cement Co (down 1.15 per cent), Udaipur Cement Works Ltd (down 0.77 per cent) and UltraTech Cement (down 0.63 per cent) were among the top losers.

The NSE Nifty50 index was trading 50.25 points down at 11,866.95, while the 30share BSE Sensex was down 162.17 points at 40,086.06 at around 09:49 am.

Zee Entertainment Enterprises (up 5.66 per cent), Sun Pharmaceutical Industries (up 4.14 per cent), Cipla (up 2.61 per cent), Dr. Reddy’s Laboratories (up 1.44 per cent), Tech Mahindra (up 1.24 per cent) were among the top gainers in the Nifty pack.

On the other hand, Titan Company (down 7.99 per cent), Bharti Infratel (down 1.73 per cent), Bharti Airtel (down 1.41 per cent), HCL Technologies (down 1.20 per cent), ITC (down 1.05 per cent) were trading in the red.

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