The Fast developing El Nino conditions are likely to result in a decline in net sugar production by 4 mt 12%, specifically in Maharashtra and Karnataka, the note said adding that this would keep domestic sugar prices firm for the next one year.
ETMarkets Smart Talk| Markets at an inflection point; expect 40–50% gains over 36 months: ASK Hedge Solutions’ Vaibhav Sanghavi
Indian stock markets are at a key turning point. Experts predict a strong rally over the next two to three years, potentially delivering 40-50% returns.