Indian benchmark indices rallied about 1% on Friday, driven by gains in tech and consumer durables. Shakti Pumps surged 5%, nearing all-time highs, while IOC climbed 2.01% showing signs of recovery. JK Tyre experienced a marginal dip, consolidating near support levels.
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