The Nifty index formed a bullish Harami Cross on the daily chart, signaling potential optimism. Closing above the 200-EMA, a breakout above 23,850 could drive recovery to 24,000/24,400. Support lies at 23,540, with a breach risking further downside.
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