NEW DELHI: Fertilisers stocks were trading lower on Friday at 10:54AM Madhya Bharat Agro Products Ltd.(up 3.29%), Rama Phosphates Ltd.(up 1.14%), Mangalore Chemicals & Fertilizers Ltd.(up 0.55%) and Krishana Phoschem Ltd.(up 0.23%) were among the top gainers. Southern Petrochemicals Industries Corporation Ltd.(down 2.68%), Sikko Industries Ltd.(down 2.56%), Gujarat State Fertilizer & Chemicals Ltd.(down 2.13%), Zuari Agro Chemicals Ltd.(down 2.11%), Aries Agro Ltd.(down 1.91%), Khaitan Chemicals & Fertilizers Ltd.(down 1.68%), Nagarjuna Fertilizers and Chemicals Ltd.(down 1.67%), The Fertilisers and Chemicals Travancore Ltd.(down 1.27%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(down 1.25%) and Rashtriya Chemicals & Fertilizers Ltd.(down 1.02%) were among the top losers. The NSE Nifty50 index was trading 0.11 points at 23205.45, while the 30-share BSE Sensex was up 21.77 points at 76542.15 at around 10:54AM. Power Grid Corporation of India Ltd.(up 1.74%), Tata Consumer Products Ltd.(up 1.23%), Hindustan Unilever Ltd.(up 1.21%), JSW Steel Ltd.(up 1.03%), Britannia Industries Ltd.(up 0.89%), Infosys Ltd.(up 0.81%), Grasim Industries Ltd.(up 0.77%), Tata Steel Ltd.(up 0.76%), Eicher Motors Ltd.(up 0.69%) and ICICI Bank Ltd.(up 0.67%) were among the top gainers in the Nifty pack. On the other hand, Dr. Reddy's Laboratories Ltd.(down 4.59%), Apollo Hospitals Enterprise Ltd.(down 1.73%), IndusInd Bank Ltd.(down 1.37%), Tata Motors Ltd.(down 1.32%), SBI Life Insurance Company Ltd.(down 1.3%), Cipla Ltd.(down 1.12%), Trent Ltd.(down 1.1%), Oil And Natural Gas Corporation Ltd.(down 1.09%), Mahindra & Mahindra Ltd.(down 1.08%) and UltraTech Cement Ltd.(down 0.9%) were trading in the red.

Stock market update: Fertilisers stocks down as market rises

The Indian stock market showed mixed results on January 24, 2025, with fertiliser stocks experiencing declines, while other sectors like power, consumer goods, and banking saw gains. Notable gains were reported for Madhya Bharat Agro Products Ltd., Tata Consumer Products Ltd., and Infosys Ltd., while losses were reported for companies like Dr. Reddy's Laboratories Ltd., Apollo Hospitals Enterprise Ltd., and UltraTech Cement Ltd.