Winter rainfall is crucial for key rabi crops like wheat, chana and mustard. El Nino, an ocean-warming weather pattern that occurs every 2 to 7 years, was expected to impact the monsoon rainfall in the second half of this season. However, now it looks like El Nino forming earlier than initially expected.
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