Household spending increases due to cheaper consumer financing. Similarly, higher government & private CAPEX improves the economic outlook, leading to a re-rating in stock market valuation.
Sugar stocks rally continues: Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 4%. Two big triggers
Sugar stocks rallied as domestic sugar prices surged sharply over the past month. Government data showed retail prices rising from Rs 48.18/kg on July 20