India is the world's second-biggest sugar producer after Brazil and has been looking to offload a surplus in an already well-supplied world market.
Pharma shares were the top gainers led by Lupin after the company received EIR from USFDA for its Goa facility
ITC, Infosys, Wipro and HDFC Bank among the major losers.
Markets climb higher tracking global cues.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.