Indian equity indices declined for a third consecutive session due to selling pressure in utility, capital goods, and metal stocks, coupled with foreign fund outflows. Technical analysts suggest Restaurant Brands Asia, Ambuja Cements, and Exide Industries are expected to decline further, with specific support and resistance levels identified for each stock.
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