The volatility index, India VIX, has slipped to 13.4 indicating choppiness is gradually subsiding and thus providing comfort to the bulls. Chart patterns suggest the 13-exponential moving average zone of 18,200-18,250 will be a strong support.
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