The S&P BSE Sensex and Nifty50 are expected to rise following global cues, according to experts. On Thursday, the S&P BSE Sensex fell over 300 points, while the Nifty50 closed below 18,700 levels, with the India VIX slightly down at 11.08 levels. The broader trading range is expected to be between 18,450 to 18,900 zones with an immediate trading range in the 18,600 to 18,800 zones. Short-term traders have been advised to buy Tech Mahindra, Lupin, Jubilant FoodWorks and Bajaj Finserv (ETBureau), Dabur India, RIL, and Havells India (ETNow), and Indus Towers and BPCL (an independent technical analyst).
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