So, clearly you are seeing sectors like say real estate, utilities and industrials where the sectoral growth has been faster than the earnings growth, so index has moved up way ahead of earnings estimates.
Sugar stocks Bajaj Hindusthan Sugar, Balrampur Chini, others rally up to 8% after govt tightens stock limits
Sugar stocks rallied up to 8% after the government tightened inventory limits for dealers amid record-high sugar prices. Bajaj Hindusthan Sugar led gains, while Balrampur